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25 June 2018 | 9 replies
NJ does not allow deposits in excess of 1.5 mo, so like a pet deposit must be added to security and the total not exceed 1.5 months.
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26 June 2018 | 3 replies
When pushed, she finally admitted to the boyfriend, but says she asked for him to be added to the lease and she is just dogsittimg (the dog tag lists her as the contact).
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10 November 2017 | 2 replies
Many landlords require renters insurance, and that they either be added to the policy or be additional interest, for the purposes of being notified when it is canceled.
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8 November 2017 | 43 replies
Still calculating how many extra zeros will be added to the budget to correct issues with the city and get this project back on track to complete.
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3 November 2017 | 1 reply
Army Corps of Engineers projects that could mitigate the potential for future storm damage.The list is not all-inclusive, and other projects could be added down the line.
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22 October 2018 | 8 replies
Can the square footage of the 1 bedroom unit be added to the total square footage of the property during the appraisal?
18 November 2017 | 4 replies
Some items on your Schedule E will be added back, like mortgage interest, to determine the rental income...you will want to ask some banks what numbers they add back, and that can help you project what amount of income you will have from your rentals for consideration of the loan.
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17 November 2017 | 16 replies
The costs of it (int pmt/month, points) should be added to the rehab cost (it's the cost of the rehab $$$).
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16 November 2017 | 2 replies
Calculating rehab costs really comes down to knowing the market, what level of rehab will be done, what type of amenities and fixtures need to be added and updated.
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22 November 2017 | 12 replies
Current rents: you can glean this information through online sources as well as old-school searching (walk-ins, calling the buildings)Talk to local brokers to get the inside scoopMarket analysisCheck to see if building is in a flood plainYou can ask for, but these items are usually provided after signing a contract: Leases for lease auditing against bank statements, tax returns and leases (usually not provided before a contract has been signed).Tenant payment historyViolations, delinquenciesLease addendum and/or other agreementsTax ReturnsBank StatementsUtility billsCan RUBS be implemented (some municipalities may not allow it)Service contractsReserve fundsEnvironmental assessmentEmployee recordsStructural issues including foundationEmployee historyOther value-add features that can be added include:Trash valetCar portsStorageDog parksTo be honest, a similar level of due diligence is required across multifamily and manufactured housing (mobile home parks).Best of luck!