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15 January 2025 | 8 replies
If you can rent it out, get it rented out, get a year lease, then start approaching commercial lenders for either a DSCR loan or a 2nd mortgage, with cash out.
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6 January 2025 | 1 reply
To evict a tenant based on a lease violation such as hoarding would require you to notify them and then give them an opportunity to fix the situation.
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6 January 2025 | 13 replies
We signed the lease and the tenant moved in the unit in Nov.
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29 January 2025 | 47 replies
I have someone take care of scheduling maintenance and leasing it up and rents are paid directly into the IRA .
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9 January 2025 | 4 replies
Also, you need to be prepared to screen prospective tenants yourself and verify vouchers before committing to lease.
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3 February 2025 | 47 replies
We have placed tenant buyers in the property on lease options so we get a little higher rents and the tenant buyers take care of the property repairs.
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8 February 2025 | 34 replies
The national organizations can have a lot of money backing them from Alumni and it would be a very long term lease.
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11 January 2025 | 18 replies
My PA lease has specific clause on the second matter of your question.
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7 February 2025 | 17 replies
A broker shall not be responsible for supervising, nor shall the licensee be responsible for operating, within the scope of the brokerage or within the requirements of this chapter, activities that would be considered property management, including leasing, maintenance, and repair, so long as the real estate being managed is "individually owned" or "entity-owned" as defined below:(1) "individually owned" real estate is real property in which the licensee holds an ownership interest; and(2) "entity-owned" real estate is real property owned by a corporation, limited liability company, partnership, or trust, within which entity the licensee holds an ownership interest as an owner, trustee, partner, or officer, or in another beneficiary capacity.
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7 February 2025 | 40 replies
I personally inspected the properties, managed and participated in the rehab, interviewed and placed tenants under lease, and performed all of the ongoing maintenance and management of the rentals.