Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------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?
Andrew Katz
Should I Keep these Tenants?
27 January 2025 | 8 replies
I'm going to try leasing the place out myself again, but if I'm struggling, I will hire property manager.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!
Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
This is our boilerplate language:Insurance: Tenant should obtain a renters’ policy of insurance on their personal property.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
Can you point me to a reported decision where a court ordered money damages in lieu of specific performance when real property was the subject of the dispute?
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
Give her 30 days notice now, keep her security deposit, and send her a additional bill for damages to the unit in lieu of taking her to court for the damages.
Shannon F.
VRBO Damage protection and guest verification
27 December 2024 | 2 replies
The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.
Paul Zofsak
Condo nightmare HOA issue, need legal advice
27 January 2025 | 4 replies
In July of last year a roof leak developed and caused damage to the ceiling in my unit, to the point there was partial ceiling collapse.
Brendan Jones
First property advice
9 January 2025 | 9 replies
Quote from @Brendan Jones: For the homes, and or properties that you will use as a primary or a rental property one big thing I look for is infrastructure in the area, extrinsic value (I.e. hospitals in the area, schools, and job market), and the last thing is creature comforts for people (I.e. is a store to get groceries 1 hour away or 2 minutes away).