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7 June 2020 | 20 replies
So you want to confirm access to all units will be available, before you pay an inspector to go out there.If access to all units won't be available then you should be aggressive about getting a bigger discount for repairs since you'd basically be taking part of it sight-unseen.I'd also recommend making sure you're OK if you aren't able to collect rent in any of the units for 3-4 months.
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1 April 2020 | 3 replies
Pest control as must, monthly quarter or semi-annually your choice.Garbage, who is paying for the collection and bins tenants?
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1 April 2020 | 3 replies
As I understand it you need to be employed for at least 2 years to qualify for an FHA loan.I have been laid off from my job due to the corona virus and I am now collecting unemployment.
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2 April 2020 | 6 replies
For example, the low credit score may be due to medical collections due to a recent surgery but they're meeting every other financial obligation.You have to know how to investigate every aspect of the renter to determine a whole-person level of risk.
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5 April 2020 | 7 replies
Too early to tell IMO but if you insist on preliminary data I am happy to share...At our largest facility, we collected $5900 on March 1st and 2nd and $6073 on April 1 and the first half of April 2....so I'd say no change based on that very small sample size.
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2 April 2020 | 2 replies
Honestly, with an extra $600 per week being provided now, my tenants in Philly will be able to collect up to $1200 per week.
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5 April 2020 | 2 replies
For the record, I have 1 rental property in my portfolio and am not working on any flips until the crisis subsides.If you have rentals, are you able to collect rent from your tenants in Jacksonville, FL?
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3 April 2020 | 4 replies
Simple Question (inspired by Dr Joe)Do you think Section 8 has proven to be a more “Safe” way of collecting rents during this time?
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4 April 2020 | 7 replies
I am glad the first round of rent collecting during Covid19 worked out for you.
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3 April 2020 | 4 replies
Do you collect it, take your fee( placement/monthly fee), and then give it to the owner.