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5 February 2025 | 16 replies
You CAN limit that agreement to a specific property; but, as others have stated, agents are looking for a certain amount of loyalty from their clients.If an agent gets vibes from a prospective client that indicates that they want to cheapskate and not pay a professional for their service, they are not likely to waste their time with them.
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10 February 2025 | 4 replies
Does it clearly indicate that a specific address is a short-term rental, making it visible to my next mortgage lender?
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1 February 2025 | 1 reply
The building's Property Manager is sympathetic to the owners at large, but says they can’t do anything until instructed by the Board, and they indicated the building’s lawyers would only respond to Board members.
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19 February 2025 | 27 replies
There is no additional valuation for the STR business.In the end, past performance is not an indicator of future success.
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18 February 2025 | 27 replies
State average homeowners insurance rates indicate the risk of natural disasters.Information Sources for Data-Driven Decision MakingUtilize these resources to gather the necessary data for your city selection process:Population Size and Growth: Wikipedia's Metropolitan Statistical Area pageAppreciation Rates by Zip Code: Zillow ResearchCrime Rate: Avoid investing in cities on this list.Comparative Homeowners Insurance: ValuePenguinProperty Taxes: LendingTree (as an indicator of overall operating costs)The Importance of Local ExpertiseWhile research and data are essential, remember that general knowledge only goes so far.
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17 February 2025 | 10 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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27 January 2025 | 8 replies
Not here to provide an endorsement or be critical of the lenders on this list but volume is not by any means an indicator I would rely upon when selecting my banking relationships.
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30 January 2025 | 5 replies
Is there something in writing indicating that utility companies will notify you if tenant turns off power or they are turned off for non-payment, and time frame they would notify you?
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28 January 2025 | 1 reply
The way I interpret the following policy clause is that so long as the property is defined as other than "VACANT" which is the case when the property is being "constructed, altered or repaired", the 30-day time period and vacant status does not apply in this instance: We do not insure any loss at your premises if your dwelling has been vacant for more than 30 consecutive days immediately before the loss and the declaration page indicates an occupancy other than “VACANT“.
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4 February 2025 | 7 replies
A delinquent tenant on month one is indicative of poor screening.