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29 April 2024 | 11 replies
Can I use the tenant's security deposit to clean up/restore the yard?
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30 April 2024 | 7 replies
If its from the PM, 10-15% typically but very location dependent too.
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3 May 2024 | 8 replies
CT is where I am located and for this state it's 5% EMD and the rest no sooner than 21 days but no later than 30 (that timeframe is when the closing process with the seller/borrower will take place)...But since my state has a judicial foreclosure process and every step must be court-approved I just wasn't sure if I have to put down 5% EMD before it gets approved or after(I want to note that the clock for the 21 to 30-day timeframe to close doesn't start until the court approves the sale)
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2 May 2024 | 10 replies
Where is your STR located?
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2 May 2024 | 3 replies
Actually, BOTH scenarios push this into commercial:https://guide.freddiemac.com/app/guide/section/5601.2See:(a) Ineligible property typesMortgages secured by the following property types are not eligible for purchase by Freddie Mac:A 2- or 3-unit property with an ADU that does not comply with zoning and land use requirements (illegal zoning)A 1-, 2- or 3-unit property with two or more ADUsA 4-unit property with an ADU
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2 May 2024 | 1 reply
Sellers want to be on the MLS that covers the area where their home is located, so they can offer a commission to LOCAL buyer agents.2.
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2 May 2024 | 9 replies
The listing and the photos looks great and you are posting on all the top sites.I would recommend reevaluating the price to see if a price adjustment will drive traffic as well as consider posting to a site like Facebook Marketplace.I know that our market in San Diego is different than where you are located, but we are seeing it takes approximately 23 days for a property to be leased.
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1 May 2024 | 4 replies
Being able to enter all expenses, mortgage, mortgage interest, sewage, water, security , gas/electricity , cost segregation study to depreciate it over 5,7,15 years as opposed to the 27.5 years.
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1 May 2024 | 7 replies
I use apartments.com as a tenant portal and to manage secure ACH transfers for rent payments.