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14 January 2025 | 329 replies
Federal Cares act alone is causing over 5 billion in damages for it's moratoriums imposed on landlords.
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22 January 2025 | 31 replies
Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 January 2025 | 5 replies
Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property?
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12 January 2025 | 8 replies
Petersburg for over 30 years, I can attest that the last two big hurricanes caused significant damage, but they were the first in a long time.Condos and townhomes tend to perform well, especially if they're located on the Intracoastal Waterway or within 3-5 miles of the beaches.
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7 January 2025 | 24 replies
When the tenant moves out and the funds are distributed either to the tenant or the landlord for damages, then the subaccount for that specific tenant has a zero balance and that subaccount is closed.
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6 January 2025 | 9 replies
• How do leases typically handle furniture/appliance damage or wear?
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8 January 2025 | 13 replies
They will cover your damages only.
3 January 2025 | 10 replies
When there is a sum of money in the bank, I’d rather buy another property than pay for fire damage, and I’m happier with the insurance coverage.
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3 January 2025 | 4 replies
., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.
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4 January 2025 | 19 replies
Seems like you should not have to but showing they broke house rules leading to damage may help.