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Results (10,000+)
Mark Shay Poconos STR Conference
1 August 2024 | 4 replies
We had 20 exhibitors who all reported solid engagement with the attendees, we even had almost 30 elected and appointed government officials
Linda Roberts What is the standard paperwork at the end of a tenancy?
31 July 2024 | 1 reply
Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.
C.N. S. Are you looking for an experienced property manager in Chicago? I have a contact!
31 July 2024 | 4 replies
They plan to bring in their own team, which means the current property manager will be out of a job once the deal officially closes.
David Ounanian How can I identify undervalued or distressed properties for a potential off-market in
30 July 2024 | 0 replies
Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,
Namal Burman Homework that needs to be done before i buy my first MultiFamily in San Diego
30 July 2024 | 4 replies
Hi @Namal BurmanMy name is Adam King, and while there is no official flow chart as every deal is different, There is an order of operations that I follow whenever I am looking for investment properties.
Martina Pollard Seeking Advice on Purchasing Our Duplex & Investment Strategies
29 July 2024 | 3 replies
We’d appreciate your advice on the following points:-Drafting a Proposal: Is it worth drafting an official proposal with a commitment to a certain down payment to show our seriousness?
Nick L. My failure at the Milwaukee County Sheriff's Sale
31 July 2024 | 27 replies
I'd not been there for several months as is often the case and didn't know it but they'd instituted a new policy where buyers need to show an official ID when going up to pay after winning that bid, this due to the goofs who were wholesaling or whatever and would put their 10% down and then use whatever name, so they could then simply call their buyers and find whoever wanted to buy it and then that person would show up for the confirmation hearing and pay the balance.
Belinda Stoner Deposit back to tenant who’s leaving early?
28 July 2024 | 6 replies
Or can I hang onto it until (a) his lease officially ends; or (b) until I find a new tenant?  
Yiwei Cheng Where to own STR that cash flows at current interest rates?
31 July 2024 | 40 replies
Oregon Coast now officially too.
Account Closed What would you do? Potential renter with a felony.
1 August 2024 | 125 replies
When the California legislature passed tougher anti-crime laws in the 2000s, the legislators knew they wouldn't work (based on Justice Department statistics), but elected officials have to do what the voters want if they want to keep their jobs (assuming the Supreme Court is OK with the legislation).I believe each person is an individual and should be treated as such.