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Results (10,000+)
Julie Clark Need advice on a potential renter
1 February 2024 | 4 replies
I do not need to go over all of the eviction details but the first tenant was basically ghosting and I will never see another dime from him so before saying go after him for money that is not an immediate option.I then finally had a renter who passed the backgroud, credit, and application process and wanted to move in.
Lucy Rodriguez Ready to invest
1 February 2024 | 4 replies
Am I going to self-manage the process?
Rhea Trokey LF: Excellent Appraiser in Montgomery, TX (NOT Alabama)
1 February 2024 | 1 reply
Simply pick a Bank or Lender and during the processing we order appraisals through an "AMC" Appraisal Management company".
Raymond F. Allen Karen Green a.k.a. Investor Agent Extraordinaire!!!
1 February 2024 | 0 replies
Throughout, my most recent purchase, closed in early December 2023, I was immediately impressed with Karens ability to communicate her extensive knowledge of Real Estate and the process of purchase, with a grace/compassion / humor combination that put me at ease and set the stage for an amazing working relationship.
Ling Rita Interviewing property managers
1 February 2024 | 14 replies
Ask how often they charge tenants for non-compliance repairs (not changing a furnace filter, tampons in the toilet, etc), ensure there's a process in place for it. 
Caren Magill MTR or sell? I'm not sure our house is the right fit for rentals.
2 February 2024 | 19 replies
Any tenant can leave, but I assure you, it is not a lovely process for them. 
Jeremy Porter Mastering Property Management: Expert Tips for Landlords
2 February 2024 | 0 replies
These services include:Property Marketing: Real Property Management utilizes various marketing channels to attract potential tenants, including online listing platforms, social media, and local advertising.Tenant Screening: They conduct thorough background checks on prospective tenants to ensure that landlords get reliable and responsible renters.Rent Collection: Real Property Management handles rent collection, ensuring that landlords receive their rental income on time.Maintenance Coordination: They coordinate property maintenance and repairs, ensuring that the property is well-maintained and in good condition.Financial Reporting: Real Property Management provides detailed financial reports to landlords, including income and expense statements, making it easy for property owners to track their investment performance.Legal Compliance: They ensure that landlords and properties comply with all relevant laws and regulations, helping to mitigate legal risks.Benefits of Using Real Property Management for LandlordsThere are several benefits to using Real Property Management for landlords and property owners:Time and Stress Savings: Real Property Management handles all aspects of property management, saving landlords time and reducing the stress of managing rental properties.Quality Tenants: Their thorough tenant screening process helps landlords find reliable and responsible tenants, reducing the risk of property damage and rent defaults.Property Maintenance: Real Property Management ensures that properties are well-maintained, addressing maintenance issues promptly to preserve the property's value.Legal Compliance: They stay up to date with all relevant laws and regulations, helping landlords avoid legal issues and potential liabilities.Financial Transparency: Real Property Management provides detailed financial reports, giving landlords visibility into their investment performance and cash flow.In conclusion, Real Property Management offers a comprehensive solution for landlords and property owners, helping them maximize their rental property investments while minimizing the associated challenges and risks.Managing Tenants and PropertiesTenant screening and background checks.Finding the right tenants is crucial for a successful rental property.
Kevin S. Choose one or more lender for loan approval?
2 February 2024 | 2 replies
This is the best product for investors that allows for the easiest preapproval and underwriting process.
Daniel Allen Double Closing- End buyer has conventional loan
2 February 2024 | 3 replies
I ALWAYS tell the wholesaler to make sure they are transparent with the end buyer and their lender because MANY times if they aren't transparent about the double closing then the underwriter will catch it last minute and bring up the fact that the current deed holder isn't the wholesaler and that will kill the deal many time.There are some underwriters that don't catch it and things go smoothly.Then there are some conventional lenders that aren't familiar with the process and think it's fraud and won't lend on it.So sometimes I inform the wholesaler to let the end buyer go direct with the seller, do a single closing, Increase the purchase price by the amount of the wholesalers spread and put the fee on the SELLERS side of the HUD because the lender WILL NOT pay for the wholesalers fee, but if it's wrapped into the initial AB contract (now between the seller and end buyer) then the wholesalers spread isn't brought up, it's merely a line item on the SELLERS side HUD and nothing to do with the conventional lender and it will close "100%" of the time because it's a normal ordinary closing to that lender then.
Nicholas J Mancini 1031 exchange - first time
2 February 2024 | 9 replies
And as long as you own it you'll continue to defer the taxes.You have to use an unrelated 3rd party called the qualified intermediary to process the 1031.