28 November 2017 | 7 replies
If so, this has comprehensive coverage on pets and action to be taken for violating pet policyIf the lease agreement does not cover this scenario, u need to negotiate with the tenants on additional pet deposit & monthly pet fee
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7 April 2019 | 36 replies
I'm fine with texting for routine communication reminders like be sure to drip the faucets on cold night, can we get a pet (yes, but there's a fee), etc.My phone goes into "Do Not Disturb" mode between 7 PM and 7 AM.
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12 February 2017 | 9 replies
You can add addendum's to a lease to cover Crime Free/ Drug Free, Lead, Pets, and other items specific to your property along with the Security Deposit/ Holding Fee agreement.Same info for rental applications..
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7 September 2020 | 24 replies
@Roy Nash my property manager recently has focused on Facebook since it allows him to get a more comprehensive view of the applicant (e.g. they say they don’t have pets but their profile pictures are all with their cats).
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22 October 2018 | 10 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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26 September 2020 | 12 replies
This is my gut instinct.3) Do you allow pets?
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25 April 2018 | 2 replies
On-site Maintenance.Unit breakdown:16 - 1 bed/ 1 bath --- $600 month a year lease, $650 month w/6 month lease and $700 month72 - 2 bed / 2 bath --- $700 month a year lease, $750 month w/6 month lease and $800 month16 - 3 bed / 2 bath --- $800 month a year lease, $850 month w/6 month lease and $900 monthDeposit same as lease and Pets have $500 deposit for 1st and $250 for 2nd with 2 limit max and 30lb maxNumbers breakdown that are provided (assuming not actual number) Acquisition Costs Purchase Price, Points and Closing Costs $8,944,500Investment - Cash $1,824,500First Loan $7,120,000 Investment Information Purchase Price $8,900,000Price per Unit $85,577Income per Unit $8,618Expenses per Unit ($2,229) Income, Expenses & Cash Flow Gross Scheduled Income $896,255Total Vacancy and Credits ($8,736)Operating Expenses ($231,861)Net Operating Income $655,658Debt Service ($529,074)Cash Flow Before Taxes $126,584 Financial Indicators Cash on Cash Return Before Taxes 6.94%Debt Coverage Ratio 1.24Capitalization Rate 7.37%Gross Rent Multiplier 9.93Operating Expense Ratio 26.12% ANNUALIZED INCOME Description Actual Market Gross Potential Rent $873,600 $873,600 Less: Vacancy ($8,736) $0Misc.
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31 December 2021 | 5 replies
Make a note of units with pets.
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25 July 2022 | 5 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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4 February 2018 | 1 reply
The 2nd side appeared to have a "hoarder" with very severe pet smell .