Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
Request sample documents, including management agreements and monthly statements.
Sean Relyea
Baselane & ACH Collection Services
3 December 2024 | 26 replies
Seems like the document signing function has given me and a new tenant issues, and the application process was mostly good but the application export to csv isn't great.
Hamed Rahimi
What are the best property management software/tools you use?
25 November 2024 | 12 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Sam Rogers
Anyone use a Deferred Sales Trust?
28 November 2024 | 9 replies
I did a modestly complicated simultaneous 1031 exchange a few years ago with no QI and did all the document drafting myself.
Anna Thanopoulou
Material participation - proof to collect
26 November 2024 | 3 replies
Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 November 2024 | 7 replies
Use an attorney to create documents for you2.
Tessa Tsui
ESG and Service Pets
23 November 2024 | 5 replies
Print them off, study them, highlight them, make notes, read some blog posts, and understand the subject.The second document he links includes precise definitions and a guide for landlords to use for screening support animals.
Joe Mills
Pitbull Service Animal
23 November 2024 | 15 replies
You still have the right to require documentation proving the animal is legit. https://www.hud.gov/sites/dfil...
Mike Most
Applications with Eviction on record
26 November 2024 | 7 replies
This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.
Vishal Chandan
Does the credit need to be unfrozen till closing?
25 November 2024 | 7 replies
If your credit is pulled for any reason, you will have to complete a letter of explanation and possibly provide more documents to show that no new debt was incurred.