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2 July 2018 | 1 reply
Are lease option to purchase deals unicorns or do they really exist?
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9 June 2018 | 14 replies
Miami just had a news report where they are fining Airbnb owners and I also believe I saw another on Vancouver fighting short term rentals as well as NYC now stating it must be owner occupied and only allowed to lease for a certain number of days per year.
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14 June 2018 | 24 replies
I’m in Maryland and it’s the same way, but with the proper lease and screening of tenants you are being proactive.
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21 October 2018 | 14 replies
I do not think this was a major strategy killer, but the house sat empty during peak rental time (Summer before school started) and is still vacant at a price above Proforma.Some Observations: Closing costs came out to be much higher than the proforma estimateTaxes were spot onProperty Mgmt. fee spot onThe vacancy is listed at 4%, even though PM says I takes an average of 45 days to rent, so it’s a broad average I’m assuming after tenant leases or across all their properties.They advertise 2-year leases during the tour and most turnkeys are rented prior to closing, not the case for my property, still vacantOne inquiry has come in for a family whose house burned down, but they want 3-month lease smack in the middle of winter for another renewal, not optimalNeither the marketing department nor PM inside Reedy was very proactive as far as communication.
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7 June 2018 | 5 replies
You probably won't get year leases (which you don't want anyway), but make sure they understand that it is a month to month arrangement that can be extended for as long as they follow the rules.
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7 June 2018 | 0 replies
Each individual signed a separate copy of one-year lease that goes month-to-month in mid-September, 2018.
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7 June 2018 | 0 replies
Did a basic lease I found online(I know not the smartest way to go, but I was in a panic trying not to loose my daddy’s house) I’ve just read the Turners book, The Book on Managing Rental Properties.
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8 June 2018 | 3 replies
I'm going to see the properties this weekend.I also have a lender that says they will do 100% financing if I have the financial sheets, leases proving the current performing income.
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7 June 2018 | 2 replies
I have a tenant who's lease is up in July.
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9 June 2018 | 14 replies
Look Unless it’s in your lease I would tell them that if they want it colder then go buy themselves a window unit and if they really fight you about it go buy them one and take the cost directly out of their security deposit .