Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
No acknowledgement.2) When they started the process of finding a new tenant, they forwarded an application for my approval.
Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Changing Preferences for People’s Desire to Live in the Metro AreaThis is likely due to the newfound appreciation for these types of community and experiential activities from the inability to access them during the Pandemic, as well as the lack of need to be near transactional retail stores with consumers now being accustomed to doing a lot of their shopping online.
Lauren Merendino
Pre retirement Strategy
1 February 2025 | 30 replies
It's nothing like fancy pants hanging around kitchen stores picking out just the right cabinet door and handle pulls.
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
In the future - never pay an application or engagement fee when trying to get a home loan or a reseideential loan
Anjali L.
SSN for tenant
4 January 2025 | 6 replies
There was a time when SSN's were routinely disclosed on our rental applications.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
We have a VA so she does all the tagging and I ask her to export it from Baselane, into excel, then I review it and give comments.Going Digital: Scanning and storing my receipts in real time saves me from searching for that one $17 plumbing supply receipt.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
It typically covers the structure under construction, materials, and equipment on-site, in transit, or stored elsewhere.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.