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3 June 2024 | 7 replies
First of all, Require Renter's insurance with personal liabilty to all your tenants.
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2 June 2024 | 1 reply
VA loan will require me to occupy one unit.
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1 June 2024 | 6 replies
So my conundrum is do i just keep renting to a new tenant and deal with the maintenance expenses as they pop up, or do i try to get out now before a major expense pops up and just take the little bit of profit (less the capital gains tax)?
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2 June 2024 | 5 replies
I use the Authentic Plank product from Southwind which is an 8mm thick plank and does not require an underlayment.
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31 May 2024 | 44 replies
Maintenance is often the most labor intensive part of Property Mangement.
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2 June 2024 | 2 replies
Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.In my research I found:(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.(2) MW506NRS is the withholding exemption.I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.My QI already said they will not fill it out and I guess doesn’t have all the information required for it.
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2 June 2024 | 1 reply
Is there a recommended option for washer/dryer that doesn't require coins/bills but instead takes phone pay or a card, so that both tenants and prop managers don't have to deal with coins and bills?
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31 May 2024 | 6 replies
They may feel a sense of entitlement, and they may not even be good renters.Unless this is some unique situation like a ranch that requires special skills to maintain the property, I recommend you remove the caretaker, spruce the place up, and put it on the market at market rates.I also recommend you look for a professional property manager that can help you navigate this immediately.
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2 June 2024 | 2 replies
We advise using Mortgage Brokers since they have much more flexibility than banks and can draw from hundreds of lenders with varying requirements.
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2 June 2024 | 2 replies
Unfortunately, Georgia law requires an attorney at closing.