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9 October 2024 | 23 replies
@Eric Fichera Buy A/B located properties, keep up with all local permitting & licensing, use a well drafted and fair lease, don’t unreasonably withhold deposits and be a responsive landlord or hire a responsive PM and you won’t have anything to worry about.
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6 October 2024 | 9 replies
It might be simply forfeiting the deposit assuming no damage to the unit or a flat fee payment in addition to the deposit.
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8 October 2024 | 10 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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7 October 2024 | 4 replies
Interpleader term that requires the QI to deposit funds with the court in case of disputes or 3rd party claims.
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7 October 2024 | 11 replies
It also makes Renter's insurance verification a breeze.I decided to try their premium features as with 29 units the yearly flat fee seem to justify the faster deposits, faster syndication, faster CS support.
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7 October 2024 | 5 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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8 October 2024 | 10 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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6 October 2024 | 8 replies
For anyone that hasn't used Doorvest, it's a simple website where you put a $1000 deposit and they send you curated list of houses they buy that need renovation, renovate, and then tell you a final purchase price along with guaranteeing things such as first year rent will be 100% covered by them even if they don't find tenants.
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8 October 2024 | 16 replies
It helps avoid any confusion from the start.It's worth considering adding a non-refundable pet fee or a refundable deposit.
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8 October 2024 | 12 replies
. - Accounting, not mentioned, but make sure you can confidently run the trust accounting and security deposit which is compliant with state code. - VAs, I don't think this is necessary for 30 doors, but depends on how much availability you have and how time consuming these properties will be.