Kirk R.
keep it white. racist potential neighbor. wth.
13 May 2020 | 42 replies
The bottom line is if it makes you feel that uncomfortable then you may want to reconsider buying the home because that feeling is only going to get worse when you are dealing with it looming day to day.
Ken Nyczaj
Disagreements in an LLC
27 October 2018 | 3 replies
What is making them feel uncomfortable with sending out multiple offers?
Jason Lee
Create LLC before first rental?
8 March 2023 | 2 replies
Or, a charging order may be granted.If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).
Errol Robateau
Good potential deal?
2 February 2011 | 14 replies
Rents in this country is routinely less than what one would pay in the USA.The person I am buying the property from is a good friend of my wife and she needs to money quickly, and when she (seller) made the deal she believed the property was only $120-$130 based on an appraisal a few years ago, and was willing to let it go at the discount.
Christopher R.
How can I solve a seller's problems if I'm using conventional mortgage?
13 September 2014 | 34 replies
Be up front with them and tell them how you plan on purchasing, it will make for less uncomfortable situations.
John Kim
Bought my first multifamily in Jersey City. What do I do now?
12 October 2018 | 10 replies
They will handle the basics like painting and lock changes when there are turnovers, fixing faucets and other routine maintenance.
Jason Miller
experian adds rent payments to credit report
9 March 2015 | 16 replies
I know it made me uncomfortable to think I’d be sharing any accounts with any tenants, but then I was told that the primary cardholder has full control of the account.
Phil T.
Should I pay off my mortgage or buy rentals?
6 June 2019 | 41 replies
Having rentals sounds nice but you will have the same feeling of carrying debt not only on your primary home but your rentals as well so multiply that uncomfortable feeling.
Christopher B.
Contractor recommendation for Toledo, OH area
14 June 2018 | 1 reply
General Carpentry skills to perform rehab, and routine maintenance, is what we need.
Tomas Calvino
Ideas for Standard Operating Procedures
10 January 2020 | 14 replies
We find it especially helpful when we don't have people moving out as often, to refresh ourselves on what to do when.Here are the things I include:Table of Contents:Resources. 4Property Selection.. 4Purchasing/Evaluation Reminders:4Unit Preparation.. 4Sequencing of Repairs. 4Crime Prevention Through Environmental Design.. 5Remove the Cleaning Vinyl and Plastic Blinds. 5Cleaning Cabinets. 6Hot water heater. 6Smoke detector & carbon monoxide detector. 6Advertising to Applicants. 7Utilities. 7Pet Policy. 7Smoking Policy. 9Occupancy Standards. 9Market Rent. 9Evaluation at Vacancy. 11Reevaluating during tenancy. 11Change to rental rates. 11Advertising. 11Tenant Selection.. 12Rating Applications. 14Tenant Selected. 16Rental Agreement. 16Paperwork & Legwork needed for Move in.. 18Move in.. 19Maintenance During Tenancy. 19Maintenance Needs reported by Tenant. 19Maintenance Performed by Tenant. 19Maintenance Inspection.. 20Things to Keep Maintained. 20Trees, lawn care & Trimming bushes. 20Monthly Processes. 21Collecting Rent. 22Rental Financials. 22Gather Market Rent. 22Document. 22Update Tenant Listing. 22Update Occupancy Tracking. 23Follow-up on Late Rent & Late Utilities. 23Less Frequent Processes. 23Here’s things to do on a routine, but less frequent basis.23Maintenance Inspections. 23Review Landlord/Tenant Law.. 23Issues/Changes During Tenancy. 23Late Rent. 23Unpaid Utilities. 24Mildew, Pests, or Rodents. 24Agreement Violations. 24Neighbor Complaints. 24Change in Tenants. 24Amendment to Rental Agreement. 24Abandonment. 25Terminate Agreement. 25Eviction.. 25Judgment. 26Tenant Turnover. 26Items left behind. 27Turning Prior Tenants in to Collections. 28IRS Guidance. 28Misc.