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18 June 2024 | 5 replies
Lastly, we like to include a $10-15 gift card to Starbucks or Chick-fil-a.I would verbally discuss the options you plan on presenting, following that up with an email outlining the details of the options.
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17 June 2024 | 16 replies
If you property is generating a solid income and is heavily themed you can be at the top of the market, but not like what you have outlined as in a commercial property.
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15 June 2024 | 3 replies
Specifically, I would appreciate any links, videos, or other resources that outline my obligations.Do I need to mail the tenant a detailed statement showing any deductions from their security deposit and the remaining balance, if applicable?
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15 June 2024 | 1 reply
They would be able to point you right to the statute outlining this.
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14 June 2024 | 5 replies
And I don't agree with his BRRR for investors trying to do that remotely as his book outlines I believe the risks far outweigh the outcomes.
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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.