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23 November 2024 | 9 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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22 November 2024 | 12 replies
Additionally, it encourages tenants to report any concerns early on, fostering a proactive approach to property management.
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19 November 2024 | 8 replies
@Heidi Fahringer wasted time doing several calls and then a meeting with a CPA and then got shocked with their proposed fee.After even more wasted time trying to find out from them why the fee was 10x what I had been paying - a lightbulb in my head finally lit up and I asked the revealing question and found they had a minimum charge.Obviously, we were not a fit.
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24 November 2024 | 11 replies
I would NEVER pay for a title report on a property because 98% chance it wont go ..
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28 November 2024 | 184 replies
If the Judge does not agree to the hearing, he plans to provide a report to the investors.
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25 November 2024 | 11 replies
Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender
25 November 2024 | 11 replies
Your property management should send you pretty clear reports at the end of the year so as to obviate your need for such.If you have more than 3 units and self manage I suggest software - especially if you are considering expanding.I find Stessa usefulI also use buildium but not incredibly thrilled with it.
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29 November 2024 | 27 replies
However, there is a nice marketing aspect to "only pay for what you use" because if there are heavy utility users in a building, it essentially gets subsidized by all residents over time.I'm lining up some meters for testing and will report back on any findings.
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21 November 2024 | 9 replies
Some insurance companies are asking to see the home inspection report in order to give you insurance or to install a $750 water shutoff valve if the home is older than 20 years old.
19 November 2024 | 10 replies
Would you share your personal information when the landlord won't even reveal the address?