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30 June 2024 | 6 replies
And then proceedes to give me a list of really expensive repairs to get done asap. i have repeatedly told her she needs to contact me whenever anything breaks or is in need of repairs, which is stated in lease.
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26 June 2024 | 3 replies
I bought a property in FL with SDIRA funds and filed the foreign LLCs with the State of Fl.
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30 June 2024 | 2 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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27 June 2024 | 5 replies
If you use a property manager you will need to fill out AZ Form 285-PMC which allows the Property Management Company to be a limited Power of Attorney in order for them to talk to the State of Arizona about TPT matters.
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1 July 2024 | 10 replies
.- Assuming you can pass the FHA self sufficiency test (very hard now with rates where they are, the new 5% down programs are probably a better option) you would have send a letter to your lender stating you would live in one of the units that makes up the zoning certification (legal units) for the building.
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1 July 2024 | 6 replies
We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedCredit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.
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1 July 2024 | 18 replies
.$100,000 can go a long way in many markets when it comes to property flipping.But then again, not everyone wants to be active so I get it.Something to also consider is how landlord friendly the state is.I've heard some horror stories with Illinois but potato "potato" lol.My tenant for example is high net and I get direct withdrawal payment on the 28th of every month and hasn't skipped a beat in 4 years.Wishing you much success
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27 June 2024 | 0 replies
I am currently looking at opportunities to enter into the MH/Month-stay RV park space, and am wondering if there are recommendations for rent collection software that is specifically tailored? Are there any nuances th...
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29 June 2024 | 0 replies
Aloha, I am a new investor trying to determine the ARV of a fixer-upper and looking to BRRRR the property out-of-state.
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30 June 2024 | 12 replies
Quote from @Jessie Murillo: My lease states the rental is for residential purposes only.