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9 January 2019 | 23 replies
I added this line item to my rental application - 1.Confirm that you have a checking account and that you agree to use the automated ACH payment process through the Internet based Cozy system (https://home.cozy.co):Similar wording is in the lease agreement.
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7 January 2019 | 10 replies
You can set it up and they can open the door/handle confirmations.
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5 January 2019 | 6 replies
@James StevensNo worries , thanks for confirming and feedback
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7 January 2019 | 13 replies
This is an interesting situation.If it were me in AZ (a gun-friendly state) I would simply confirm with law enforcement that the guns were not used in a crime.
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6 January 2019 | 14 replies
Some people have reserves built up already to cover future expenses such as those and they decide to take the full cash flow out of the property each month (after accounting for the expenses mentioned above) and then they use their reserves to cover any unexpected repairs, etc.
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27 July 2021 | 63 replies
The next day (7/12), I was sent a Registration Confirmed email that advised me to log into the Client Portal and complete my information at my earliest convenience (however, this info was needed before any other steps could be completed).
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23 January 2019 | 28 replies
High cash reserves equals less risk.
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7 January 2019 | 8 replies
I am pre approved for a total of 10 traditional SFH homes so I have 3 more available.I have 3 months Mortgage payment in reserve for all 7 properties for CapX, Vacancy, etc. for a total of $16,553 and each property has its own separate account.
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9 January 2019 | 4 replies
Multiple sub contractors with multiple separate contracts are not allowed..Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency Reserves Minimum 10% is required.
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6 January 2019 | 4 replies
Unless you have a lot in reserves, development may not be the correct path.