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3 January 2025 | 4 replies
They recently split up and the wife is asking to be removed from the lease agreement.
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16 January 2025 | 26 replies
The other PM can be a fix-mindset type of person where they are not willing to share anything unless you have a property and are willing to sign a PM agreement in the same conversation.
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8 January 2025 | 20 replies
Considering where you live and that you have no written lease agreement a lawyer is really needed.
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7 January 2025 | 28 replies
I find that putting a utility cap in the lease agreement they sign and calling their attention to it really helps make them more aware that they'll have to pay for excess usage so, fortunately, I haven't had to actually bill anyone yet, but the language is there if I needed to.
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10 February 2025 | 71 replies
Until the end of 2nd phone meeting you believe you'll work with Jerry but in just one sentence during 30 minute contract agreement review speach (if you even listen by that point) they say you'll work with his "team of experts".
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4 January 2025 | 18 replies
@Michael Darten Most property management agreements have the monthly PM fees based upon a percentage of rents collected.
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25 January 2025 | 155 replies
Quote from @Ryan Hakes: @Jay Hinrichs Incidentally I heard about this from an ad on Facebook so came here for explanations and comments as the ad was clearly intentionally ambiguous and designed to put you into a marketing funnel.Incidentally, it's perfectly acceptable to write into an agreement that earnest money shall be due 3-5 banking days after acceptance which is enough time to use your end buyers non-refundable deposit (except for free/clear title).
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6 January 2025 | 1 reply
The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.
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3 January 2025 | 26 replies
.: I haven't really noticed any change at all in my market except minor changes to the standard contracts (minor language changes in contract to buy and sell, listing agreement, and buyer's agency agreement).
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7 January 2025 | 2 replies
., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.