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2 February 2024 | 5 replies
The difference between 70-75% is not insignificant, but 75% with a 740 should get you around 7.5%-7.75% pretty routinely while at 70% I'm starting to see some groups sniffing around low 7s to minimum note rates showing a 6-handle.
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2 February 2024 | 7 replies
You can send me a PM if you feel uncomfortable posting it.
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2 February 2024 | 5 replies
Tenants must know and follow these rules for property maintenance and repairs to avoid legal or financial issues.Best Practices for Landlords:Define Maintenance Responsibilities: In the lease agreement, it's important to clearly outline authorized maintenance tasks for tenants, detailing responsibilities to minimize disputes and foster a transparent landlord-tenant relationship.Provide Training: Landlords can offer training to improve property maintenance and foster a positive relationship with tenants, empowering them to take better care of the rental property.Regular Inspections: Schedule routine property inspections to proactively identify and address maintenance needs.
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3 February 2024 | 32 replies
Tell them you are the landlord not the housekeeper and routine housekeeping is their responsibility.
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2 February 2024 | 13 replies
Gather as much information as you can, and decide which discussed activities make the most sense for you to add/adjust/remove from your routine.
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1 February 2024 | 5 replies
If anyone is interested in answering some questions about their business or their daily routine then shoot me a message or leave a comment!
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3 September 2016 | 2 replies
My tenant says she's uncomfortable sharing laundry facilities.
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6 September 2016 | 3 replies
Most bankers never bothered meeting me, said no, hung up, and most realtors never returned my call, but having a hotel room for only 3 weeks, I forced myself into an uncomfortable situation, that I just knew I had to get thru one way or another.
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6 September 2016 | 3 replies
Real estate is one of the last great free-market environments. everything is negotiable, and some providers are better than others, meaning they offer more complete/sophisticated service and response, wider marketing exposure, etc.I compete routinely against both higher than 5% and lower than 10% management rates and anywhere from one month's rent for a leasing fee, to half that.
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7 September 2016 | 5 replies
I would walk from this deal if you are uncomfortable.