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15 January 2025 | 49 replies
In addition, you’ll be included in their newsletters for additional real estate investing resources.The best way to leverage RentRedi benefits is for rent collection:Tenant applications and screeningDocument and field maintenance requestsE-sign leases Tenant communicationRenter’s insuranceAnd for Stessa benefits: Property bookkeeping and accountingPortfolio monitoringProperty analytics to track historical performanceSchedule of Real Estate OwnedLandlord bankingTax prep support
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6 January 2025 | 0 replies
Many people opted to stay in their current homes rather than take on new leases, contributing to longer vacancies for available properties.3.
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15 January 2025 | 24 replies
you've got closing costs, a down payment, rent-ready costs, a month's rent to lease it out... it takes years to recoup those costs.
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13 January 2025 | 17 replies
My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.
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4 January 2025 | 12 replies
Here's the issue...in most states, if the tenants have a lease, the new owner will be obligated to honor the lease - as is - until end of lease.
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5 January 2025 | 4 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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6 January 2025 | 4 replies
As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.
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5 January 2025 | 18 replies
Hi BP.I have a tenant who has NOT paid rent for this month (August), rent is due 1st of every month according to lease agreement.
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19 January 2025 | 269 replies
I wish i could had my other deals like that.Today my portfolio is:- T2 apartment mortgage free- T1 apartment with 60% LTV mortgage (variable rate with UCI)- T3 apartment with 60% LTV mortgage (the one described above)- 2 stores leasing from CGD That's very good.
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10 January 2025 | 4 replies
When you start, the company may give you a small existing portfolio, but then you'll have to maintain & grow it to make a decent living.You could also work as a leasing agent at an apartment complex.