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17 May 2024 | 8 replies
They can also report maintenance issues and see their payment summaries as well.The app has a slew of other features - complete book-keeping, automatically applies late fees, can track recurring charges, etc.
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17 May 2024 | 25 replies
I have 3 evictions 2 from the same company in 2016/that was bought out by a realtor from California, that didn't care we had lived there 4 years with no issues until rent hike.Now I have the new Mainstream Section 811 voucher for disabled low-income families.
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16 May 2024 | 20 replies
This allows for 45% of the effective rent to be spent on all your expenses (taxes, insurance, management, common area utilities, etc. - but not your mortgage payment), and gives you the net operating income (NOI).
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15 May 2024 | 3 replies
What would be some common pitfalls in either transaction?
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16 May 2024 | 7 replies
Hey Everyone, I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you take into account both the refinance and sale proceeds, along with the cash flow?
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15 May 2024 | 7 replies
The owner attempted to fix the issue but tore up the drywall and couldn't locate the source of the leak.
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16 May 2024 | 4 replies
While borrowers expect transparency and efficiency, lenders strive to provide upfront explanations and support to ensure borrower success and foster lasting relationships.In the lending world, there's a common understanding that achieving all three qualities—fast, easy, and cheap—simultaneously can be challenging.
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15 May 2024 | 2 replies
What is common practice as far as the contractual agreement between the agent and the buyer in the event the seller does not pay or only pays a portion of the agreement (i.e if the seller only pays 1-1.5%)?
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16 May 2024 | 3 replies
Lastly, reflecting on your own journey, what are some lessons learned or common pitfalls that you believe newcomers should be aware of and avoid?
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15 May 2024 | 20 replies
You should also look into your options if a tenant claims radon issue.