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7 October 2024 | 4 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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7 October 2024 | 190 replies
As for a percentage, I try and keep a certain percentage in RE, PM’s, Stocks, Infinite Banking Life Ins, and I’ve added Bitcoin to my mix.
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8 October 2024 | 15 replies
For example: VRBO (good for guests, but puts hosts at risk) offers a percentage down at the time of booking.
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8 October 2024 | 14 replies
One incentive I have seen people use to get good cleaners is to give them a certain percentage of the rental income (1-2%) plus their cleanings feeds.
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5 October 2024 | 15 replies
Is there a rough percentage that you use when analyzing?
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5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!
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5 October 2024 | 14 replies
Do you know where I might find that percentage in my returns?
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4 October 2024 | 27 replies
May I ask what is the down payment percentage you are planning to put in?
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3 October 2024 | 6 replies
It's hard to tell because a large percentage of buyers currently purchasing are using FHA and VA loans and might not have an extra 2-3% to put toward closing.
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2 October 2024 | 5 replies
I've never seen an "All Other Perils" deductible restricted to percentage of the policy.