Chai Sag
help with high end rentals in Nj
20 March 2014 | 4 replies
HiI am renting out a house for $3300-3500 rangewhen I run applicants in NTN they tell me "accept with conditions" co signer , rent to income"One of the applicants was renting a house for 2800 and paid well during last 2 yearsthis applicant makes 100k a year plus receive 650 month incomeI know that in Manhattan some people pay almost 50% of income in rentI am not looking form an A applicant, because he is going to buy a house and move out in 1 yearcan I ask a sown payment rental ?
Kyle Webb
How you choose your REI niche/market?
12 March 2014 | 25 replies
In fact most states require it as part of the application for a license, therefore; you will need to work with someone to get on the job experience.
Scott N.
Lease purchase vs. Lease option
10 March 2014 | 3 replies
Not really and real difference unless the L/P has a default provision with damages and that probably isn't done except in unique situations, and no, don't go there as some strategy, damages may be applicable in commercial transactions.Actually, neither one is best as each may be unique.An option doesn't tie up a property as it can be sold subject to that option.
Jeff Wagner
Showing vacant units
12 March 2014 | 7 replies
Who would be the best source to hire to show vacant units and collect applications without packaging it with full property management services?
Dana N.
Hiring my children as an employee at my LLC
24 April 2014 | 14 replies
For training purposes they sell the tape to the hospital, to a couple of midwives, to the local Lamaze teacher, and to a couple of clinics.
Blake C.
Eliminating Vacancy & Lost Rent
12 March 2014 | 19 replies
I have found few applicants look at my houses that are looking more than 2 weeks out.
Wendell De Guzman
5 Notes in Ohio (what questions to ask)
15 March 2014 | 15 replies
You need to know, not assume, but know, foreclosure laws and requirements of securing collateral in the state where the property is located and as applicable under the Uniform Commercial Code and applicable federal laws.Buying a note is also assuming the liabilities to some extent of past note holders and the originator.
Marc Dufour
6 months tenant = half deposit?
11 March 2014 | 10 replies
In addition to the good responses you have already received I would suggest you charge a higher monthly rent if you decide to lease for 6 months (plus 1 months deposit as already stated) instead of waiting for a suitable applicant for 12 month lease because you will have cleaning/releasing expenses at a minimum when the 6 month lease is up.
Clinton Roland
Mix-Use land development
21 March 2014 | 15 replies
There is a lot more red tape versus a smaller project because of impact and vision for the area as a whole.
Matt C.
Just bought my 1st rent house. Great tenant, raise the rent?
13 March 2014 | 13 replies
You may want to require they complete a new application and submit pay check stubs, as well, to verify they can afford the increase, and so you have this info on file, especially if the old owner didn't.Lastly, I would require they submit a pet deposit, especially if the new lease stipulates it.