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.
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9 January 2025 | 17 replies
On the other hand, I also did have that in writing and made that aware to all of my clients, As well as the service providing softwares Stating the same policy.
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6 January 2025 | 2 replies
Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.
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9 January 2025 | 59 replies
My best advice is to use it only if you have property management software that supports the platform.
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4 January 2025 | 6 replies
There was a time when SSN's were routinely disclosed on our rental applications.Â
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22 January 2025 | 31 replies
Hey @Camille Romero - fellow NY'r here that started investing a few years ago, I was in your same shoes when I first started after working in tech/software and having a nice nest egg built up.Â
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27 January 2025 | 35 replies
For that reason my money is elsewhere.You are almost never alowed to do your own renovations, and have to pay an application fee to get approval to do work on your rental.
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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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155933/small_1733937762-avatar-zachh319.jpg?twic=v1/output=image&v=2)
10 January 2025 | 17 replies
BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.
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16 January 2025 | 12 replies
Instead, focus on verified income and ensure applicants don’t owe previous landlords or have prior evictions.