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6 May 2024 | 8 replies
Since they are solely transaction based and don't have to deal with tenants after they move in:1) Many are only interested in getting their commission and moving on2) Many think they are doing everyone a favor by working with a lease client, because they could be making so much more working on sales transactions3) Many complain about screening processes as they only see them as:---Potentially costing them their commission if their client isn't approved or finds something else during the process---Slowing down their commission payment4) NEVER allow an agent to screen a leasing prospect as they have a conflict of interest!
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5 May 2024 | 2 replies
Based on the rider, this has to be a secondary home for at least 1 year.
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5 May 2024 | 5 replies
I will qualify for REP status based on STR loophole.
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5 May 2024 | 5 replies
First - Have a conversation with your CPA to see if will be beneficial. it appears that you are unsure based on the phrase "hoping it would benefit us".
5 May 2024 | 7 replies
Why would you evict the tenant based on this info???
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5 May 2024 | 1 reply
Whether through books, online courses, or hands-on experience, there are countless avenues for expanding your knowledge base without having to rely on paid sources.In conclusion, don't be fooled by those who seek to profit from what should be freely shared.
5 May 2024 | 5 replies
I am not 100% sure on this though so I would definitely advise talking to a professional.Lastly, based on your portfolio and your questions, it sounds like you are a high learner but haven't been making that great of returns in your portfolio.
5 May 2024 | 7 replies
The more let's just say rambunctious your tenant base is the more you will have to landlord.
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5 May 2024 | 2 replies
They base their decision on the "flood certificate" or "flood cert" and either your insurance company or your lender can check this for you.