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18 August 2018 | 14 replies
Look for higher rent rents via non-traditional/modern rentals:- AIrbnb/STR-Leasing fully furnished-Rent by the room/Student hosuing-Assistance living, etc.
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22 August 2018 | 19 replies
I was sitting in a lender's office waiting for the banker, when I spotted this article.
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14 November 2018 | 14 replies
Let me know if you want to talk in detail about it; I'm Chief Investment Officer of a REIT based in NYC.
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24 October 2018 | 5 replies
At my management company here in CT, we generally stay within a 30 minute radius of our offices.
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16 August 2018 | 13 replies
Looks like 5 apts will be open at the end of August but agent has said the leasing office is still working on filling them.
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20 August 2018 | 18 replies
Basically here’s what I do rent is due on the first if it’s not paid by then I can apply a 50$ late fee which I will do if they peeved me off enough .. on the 5 day I put up quit or pay notice on the 15 day you file for eviction with the local magistrate ideally by the months end a police officer is throwing them out on the street where they belong .
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16 August 2018 | 1 reply
YES - If this is truly a project HUD building where HUD 'guarantees' rent for all units then there are very specific / screening / reporting / inspections requirements that you must meet; tenant income thresholds, REAC inspections, etc.You can do this yourself (HUD has to approve you to self manage) but most owners elect to hire a PM who is licensed / knows the systems / paper work / HUD office contacts.
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17 August 2018 | 3 replies
Build a connection with a loan officer in your area and maintain a good connection with them.
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19 August 2018 | 20 replies
Two years of renting the property with P&L for these years.If your property gross income $1K/mo - they will use $500/mo as your incomeIf it's cash flow $1K/mo, then you talk to your loan officer and get specifics.Also, they can use your bank statements for a year but it's more expensive if you're trying to secure mortgage on your primary residence.If you're getting credit line for business, there will be different qualifications but generally, bank will discount that income (considering that it might get vacant, or vandalized or whatever)
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16 August 2018 | 3 replies
The tenant has since explicitly stated in writing that he refuses to be inconvenienced by answering the door to the Mail Carrier or to go to the Post Office and pick it up/sign for it.