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25 March 2017 | 22 replies
Someone that had to move immediately is a red flag in my screening process.
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25 March 2017 | 3 replies
Screening is BIG.
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9 April 2017 | 3 replies
Professional real estate agents are much more likely to do a thorough screening that most mom and pop landlords.
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31 March 2017 | 5 replies
Then use the Print Key to print out the data whenever you want to view it on paper, or just click on the transaction anytime you want and it's there on your screen.
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31 March 2017 | 9 replies
Its a great way to learn about your tenants and screening them.
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30 March 2017 | 15 replies
Reach out to your broker contacts and your network and ask for lender referrals that play in the apartment space.Your pre-screen interview calls could includ asking them if they do apartment lending, what their typical loan size range is, what class of property do they like, standard loan terms (amortization, fixed rate period, interest rate range, LTV, and any other product knowledge you would like).
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28 March 2017 | 13 replies
Possibly using a professional third party vendor for the pre-inspection is a great idea, give a copy to the owner and tenant Excessive holes in walls Broken tiles or fixtures in the property Plumbing backups Repainting where a tenant has repainted from the original color Tears, holes, stains or burn marks in carpets Missing or damaged blinds Broken windows and window screens Broken doors and locks Broken or damaged appliances Excessively Dirty Pest control if you see Bugs and or fleasJunk or trash left behind Past Due rent Fees incurred from fines from the association due to the tenants conduct or lack thereof Water damage to hardwood floors Missing outlet covers Remotes for garage or gate if not returned Rekey of locks if tenants did not return the keys Unpaid utilities, as long as they were part of the lease agreement Undoing a tenant alteration This is a sample of things that are usually considered to be normal wear-and-tear and should not be deducted from a security deposit: Slab or plumbing leak Normal rug wear.
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28 March 2017 | 4 replies
Operating expenses - lawn, snow, repairs/replace for bulbs, detectors, window/screen, paint...etc3.
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26 April 2017 | 15 replies
My comments for the 2-3 yr time frame boils down to securing a "long term" tenant for ease of the investor and less turn over with tenants, therefore lessened propensity for damages, re-marketing, listing, showing, screening, etc.
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3 November 2016 | 2 replies
I'm looking for ideas or advise on what I can pursue with this now on my radar screen.