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30 November 2024 | 11 replies
The tenant is now citing 1941.1 and implying that I need to pay for monthly spray.Under California Civil Code §1941.1, landlords are required to maintain rental properties in a habitable condition, which includes ensuring the premises are free of pests that compromise livability.
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29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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29 November 2024 | 6 replies
This is to ensure that both parties are aware of the loan and to protect the lender's interest in the property.
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28 November 2024 | 10 replies
Consider not just the purchase price but also renovation costs, property management fees, and local rental rates.Consider the Property Management Aspect: If you’re not planning to manage the properties yourself, finding a reputable property management company is essential to ensure smooth operations.Stay Updated on Local Regulations: Familiarize yourself with rental laws and regulations in Detroit to avoid any potential issues down the line.Feel free to ask any questions as you continue your journey.
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29 November 2024 | 18 replies
This would help ensure that we take the appropriate steps to address the issue and prevent it from happening again in the future.If it turns out that my unit is the source, I will take responsibility and address it promptly.
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9 December 2024 | 38 replies
Both were back when I had a proliferation of 0% balance for 18/24 & 0% transaction fee, and both checks generated a phone call from the credit companies (Bank of America and CitiBank) to ensure they were legitimate.
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27 November 2024 | 11 replies
Ensure that the savings from the new loan outweigh the costs of the prepayment penalty and any closing costs involved in the refinance.6.
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27 November 2024 | 3 replies
Look for one that includes a training video to ensure you understand how to best use it.
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29 November 2024 | 9 replies
Ensure your investment pipeline justifies the fees, and consult the custodian about rollover options to avoid unnecessary expenses if investments slow.This post does not create a CPA-Client relationship.
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28 November 2024 | 4 replies
The property is a duplex with an ARV (after repair value) of $700,000, making it a strong deal.However, I want to ensure I’m not overlooking any potential red flags.