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14 June 2024 | 6 replies
Tenants have been a little bit of a litter bug leave before belongings and leaving personal belongings like it's storage what would be the best way to approach them about and enforce to keep clean and no personal belongings Hi David,In addition to strong language in the lease outlining property rules and then strictly enforcing them, how is the on-site storage situation for the tenants?
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13 June 2024 | 7 replies
Add a short statement at the end outlining whatever you are changing, have all parties date and sign, and you are done.Example: "Landlord and Tenant agree to extend this lease for an additional 12 months with a new termination date of 12/31/2025 and a new rent rate of $1,950.00 per month."
13 June 2024 | 2 replies
LL pays any repairs to RTUs over $5,000.Tenant credit and experience, number of tenants, demand drivers for submarket, growth patterns in market, tenant sales (if these are more service medical providers like dentist or chiropractor) and this is being used more as a service center than back office work.As for basic numbers, I would not call what you outlined as a terrible deal.
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10 June 2024 | 4 replies
I avoid this problem by sticking with the my process outlined above.
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11 June 2024 | 0 replies
Generally, the contract will outline your time frame for your option period.
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10 June 2024 | 11 replies
The MN New Construction Statutory Warranties are outlined here: https://www.revisor.mn.gov/statutes/cite/327A.02
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10 June 2024 | 15 replies
Thanks again :) DSCR and hard money are only going to be for investment properties for the reason I outline above.
8 June 2024 | 6 replies
HOA has a Reserve Study outlining $400,000 in outstanding work that needs to be done between the two buildings and property.
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7 June 2024 | 7 replies
Does any have a source or an outline of steps needed to be taken?
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6 June 2024 | 6 replies
The principles outlined can help you create your systems/processes.