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10 February 2025 | 22 replies
@Olivia Blake how much money will you potentially lose by strong-arming a tenant and then having them break the lease early - or even just not renew?
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24 February 2025 | 21 replies
If you try to go over the whole list, you’ll lose the attention of an average person and they won’t remember anything!
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18 February 2025 | 17 replies
A lot of those loans were made to people who never had a chance to actually pay back the loan and that resulted in a lot of people losing their homes.
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11 February 2025 | 7 replies
This link is the latest guidance and includes a process you can follow to screen and approve service or support animals: https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalN...4.
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27 January 2025 | 29 replies
Hope you don't put down large earnest money deposits... these guys will make sure you lose them!
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18 February 2025 | 17 replies
One thing you might think of doing is having and promoting your own website to avoid the exhorbitant fees charged by the third party sites such as Expedia, Booking.com and Air BnB.
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29 January 2025 | 3 replies
.: Anyone else getting phishing attempt warnings from using this site ?
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29 January 2025 | 12 replies
Have you ever heard of a Landlord being sued by a Tenant and losing property?
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18 February 2025 | 95 replies
I created an electronic google doc time tracker: Time LogContemporaneous time log of rental real estate activitiesActivity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDateMM/DD/YYYYSubmit
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19 February 2025 | 32 replies
Some general pros v cons - I'm sure other people will provide other insights as wellPros: -Above market rents- Monthly rent payment on time that you don't have to worry about or chase anyone down for (if full pay)- No shortage of tenants depending on your standards - Tenants are incentivized to not trash/destroy the unit, otherwise they'll lose their voucher (Yearly inspections made by local S8 inspectors to keep everyone honest- Rental payouts are normally adjusted 1-2 times a year to keep up with market rentsCons:- May take a little while to get onboarded - dealing with local govt can always take longer than expected - Generally won't have a super high credit score (to be expected given it's the govt paying for rent)- Each unit will need to be inspected and meet a certain living standard in order to be approved for fundingYou'll want to make sure you work with a property manager who has extensive experience in working with S8.