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30 October 2024 | 16 replies
Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend 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 Class A property in Class D area, what quality of tenant will you get?
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1 November 2024 | 9 replies
It could be possible that he is an honest guy and just using outdated marketing methods which is DAMAGING his brand and reputation.
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30 October 2024 | 12 replies
Did it sustain damage?
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31 October 2024 | 29 replies
The owner had no clue and didn’t initial the “liquidated damages” clause.
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30 October 2024 | 15 replies
JUST the perfect tenant.. all 700 plus fico and never miss a payment and the only damage done in 4 years now was an ottoman that had something hot put on it and the tenant replaced it..
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29 October 2024 | 2 replies
I furnished them from estate sales and local furniture shops, and the furniture/sheets/towels become damaged over time and need some care.I have a PM manage the remote houses, and they cash flow just fine, the PM handles issues that come up, and they paid off the debt on them once.
28 October 2024 | 5 replies
When a tenant leaves owing $2,000 in damages, reporting them to a credit reporting agency may pressure them into paying you to protect their credit.
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23 October 2024 | 1 reply
I had a tree (the neighbors tree) that fell on the roof of my rental and damaged it severely so now I have to change the whole roof.So during the hurricane I had an insurance called Citizens, but right after the hurricane they switched me to a different insurance (Slide)...Will you please help me with my questions:1) My coverage was for a policy that is not a rental but partially owner occupied (its a duplex), because I lived there but then moved out and did not switch the coverage to a rental.
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29 October 2024 | 5 replies
Next, ask them if you can inspect the property for any damage prior to agreeing to the payment amount.
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29 October 2024 | 5 replies
The only thing I want to know is if the rent is paid in full and on time, the house is not being damaged and they're not causing trouble.