Account Closed
tenant wants to stay for 3 years+, what to do?
15 March 2024 | 25 replies
I thought about this, and not sure if legal so check rules.
Priscilla Rodriguez
Who are the go to Title Companies in or near Orlando? :)
14 March 2024 | 9 replies
Southern Title & Abstract are fantastic and they have a table at the CFRI meetings
Adam Benjamin Sanoe
Newbie needing guidance
14 March 2024 | 6 replies
There is a large group of local investors, real estate agents, and various contractors that meet in person the first Friday of each month.
Walt Viera
New Member starting late with little
13 March 2024 | 28 replies
So nice to get to meet you.
Jacob Heckford
Invelo Or Propstream Software
14 March 2024 | 21 replies
(Tenacity meets major learning curve.)I bought PropStream after an intensive REI 7-day Webinar where they highly recommended PS.
Mary Jay
Question about lowering the rent
15 March 2024 | 20 replies
Consider it a blessing that she flaked and kept ignoring your original offer- Dodge the bullet NOW....DO NOT RENEW HER UNLESS SHE PAYS AT LEAST CLOSER TO MARKET RENT..... if you think your unit doesn't really meet market standards to get market rent, then at least get it closer or at minimum keep it "as is"...
Chris Dawson
Kansas City Missouri Zip Codes
15 March 2024 | 167 replies
Interested in meeting up with you and/or any other brokers or investors
Mak K.
Experience with Renting to Home Health Patients
12 March 2024 | 1 reply
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.
Shane Connette
New Investor. Got Real Estate License to Sell to Investors
14 March 2024 | 6 replies
For the past two years I have been meeting with an Investment Real Estate Master Mind group.
Travis Steinemann
WARNING: DO NOT TRUST ZILLOW BACKGROUND CHECKS
14 March 2024 | 23 replies
In no particular order and this is not legal advice I’ll share expensive lessons learned: 1.