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17 October 2024 | 19 replies
You can always request Medical Documentation: Request documentation of her medical situation and a letter from her doctor to make sure her condition will improve and ask if she is up for taking care of the property while she is recovering.Check Her References: Contact previous landlords for references to get a sense of her reliability as a tenant.Lease Terms: You can always start with a 6 month or a 1-year lease option if you have a good idea of her overall health condition.
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17 October 2024 | 6 replies
This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.
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26 October 2024 | 25 replies
Not qualified for any public/non-profit assistance.Am I able to run traffic to this offer legally?
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15 October 2024 | 14 replies
Health and safety2.
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17 October 2024 | 5 replies
Just google Ohio Real Estate Convention and you should find it somewhere. 2) Some individuals are interested in passive real estate investing, but have little liquid cash, but significant savings in IRA and 401k accounts and are looking to diversify beyond just stocks, mutual funds, and other public market assets. 3) Always important to work with an attorney, title company, and or closing attorney as you work with a private lender.
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16 October 2024 | 4 replies
Tenant risk is lease term remaining, sales/billings from the location, overall financial health of the tenant (i.e. solo practitioner with this one center as their sole source of income and declining billings, will not likely keep the property well maintained, and when they move out, you will have work to do), need for this use and/or competitive urgent cares in area, etc.
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17 October 2024 | 10 replies
I won't air my dirty laundry in public but here are a few areas that I have issues with:1) We don't have a contract (shame on me) though we do have some agreed upon terms that were written.
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17 October 2024 | 10 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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15 October 2024 | 8 replies
MAKE IT PUBLIC THAT YOU’RE LOOKINGJust because a seller is being discreet doesn’t mean you need to.
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20 October 2024 | 32 replies
Community farms, public land trusts, tiny house, ... requires a lot of creativity and isn't what should be purchased at tax sale until you're sure.