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23 October 2024 | 28 replies
That 6 ft privacy fence is a good start, but you could also include separate entrances, designated parking spaces, and clear instructions about shared spaces (if any).Noise Policies: Include quiet hours in the STR house rules (e.g., after 10 PM).
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18 October 2024 | 0 replies
Note that the current Fed Funds Rate policy range (AFTER the 50 bps cut) is 4.75–5.00%.Nov 5: US presidential election.Nov 7 FOMC Meeting: 90% probability of a 25 bps cut, 10% probability of no cut.
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18 October 2024 | 7 replies
Tell him you know the letter is fake and you don't appreciate him attempting to skirt your no-pet policy.
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17 October 2024 | 5 replies
Lenders title insurance policy should be obtained and all documents properly prepared and filed accordingly.
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18 October 2024 | 7 replies
Hi Nadia, here's a few things to consider:Credit Score: Set a minimum, like 600-650.Income: Require 3x the rent in monthly income.Employment: Verify stable employment.Rental History: Check for positive rental references.Background Check: Make sure they don't have any criminal history.Security Deposit: Typically 1-2 months' rent.Pet Policy: Decide if you'll allow pets and set fees if needed.
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15 October 2024 | 40 replies
Those who think an umbrella policy is enough miss one important point: if your policy has to pay out, that means someone took you to court, and you lost.
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14 October 2024 | 16 replies
Look at your policy and contact your insurance agent to see if they will cover loss of rents.
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26 October 2024 | 50 replies
.- NOTE: FB Marketplace is difficult due to their strict policies (they really do NOT want PMCs advertising there)Test the PMC PROCESSES!
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17 October 2024 | 26 replies
If the investor fails to make payments, it could damage the seller’s credit, even if they've relinquished control of the property.Insurance Issues: A change in ownership might affect the property’s insurance policy.
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17 October 2024 | 16 replies
What is their rate lock policy?