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11 October 2024 | 7 replies
I have a cousin who funds RE deals and he has a whole network of money people, so I am putting together a business plan to submit along with my financials and an investment proposal.I am coming from single family residential, and have only ever worked with hard money for short-term loans, and also some smaller amounts of private money.
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10 October 2024 | 13 replies
In particular, is there any software/tooling which is typically used to analyze & find tenants, analyze deals, and used to find a local realtor who specializes in real estate investing?
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7 October 2024 | 4 replies
I get this but the provision also requires the LLC that holds the property to submit to the local jurisdiction wherever the Qi files.
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8 October 2024 | 12 replies
There are tons of software to choose from.
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10 October 2024 | 8 replies
So, you'll want to use tracking software like Hubstaff to monitor what an RTM is really doing. not as much of a concern with a VA if you pay them for performance and not by the hour.- Getting an RTM to buy into your ompany culture.
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9 October 2024 | 12 replies
Agents are required to submit all written offers unless seller has instructed them differently.
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11 October 2024 | 15 replies
Has anyone found an excellent software to manage these transactions.
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10 October 2024 | 8 replies
Inglewood's rental protection is making me submit drivers license, bills and tax license for a unit that at this time I have no incentive to rent when someone can get away with not paying the rent for months.
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9 October 2024 | 8 replies
2) Grace Period: 5 days- Many judges in our area frown upon no grace period- Ours is voidable if tenant is late more than 3 times in a 12-month period3) Late Fee 5% on the 6th- Our software auto-charges- We will waive for a GREAT tenant, 1 maybe 2 times annually, just like a lender may waive the occassional late fee4) Daily Late Fee: 10% per diem- Our software auto-charges- We added this years ago when a smart aleck tenant, upset that we wouldn't waive their late fee, told us they would pay the last day of the month.- Judges often throw these out:(5) Eviction Notice for Nonpayment of Rent: sent ASAP- In Michigan, it's a 7-Day Notice- Our staff bulk sends on the 6th of each month, no exceptions- Even our best tenants get them and we just tell them it's automated and they can ignore if they payRecommend you have a detailed Eviction Procedure and follow it!