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6 January 2025 | 8 replies
We’ve seen this issue cause otherwise wonderful new builds to sit on the market because it just doesn’t work with peoples furniture.
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19 January 2025 | 354 replies
This will definitely cause disruption in the mortgage markets and provide opportunities for those who keep a patient watch on activities.
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1 January 2025 | 2 replies
However, there are tactics the tenant can use to cause delays.
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6 January 2025 | 7 replies
That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month).
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6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
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14 January 2025 | 10 replies
@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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24 December 2024 | 5 replies
You may be profitable, but I'd prefer to avoid the possibility of having to do unnecessary repairs or not holding my tenants accountable for damage when I know their actions might have caused any unforeseen damage.
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30 December 2024 | 7 replies
What happens if a tenant causes significant damage?
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29 January 2025 | 21 replies
There are also a lot of attorneys in FL working pro bono to go after lenders as I believe there is something in the statute that not only can they recoup fees but they can also get consequential damages.
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19 January 2025 | 55 replies
In addition, my account has u synced from Bigger Pockets several times causing RentRedi to charge extra fees that were originally explained as cost free.