Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
Ask for its breed, weight, and name, and have them attach a picture.- Make the application part of the lease, with the stipulation that if they've lied in the application or in the lease, they can be evicted.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
This is a 'nicer' mobile home, double wide, 1998, shaped / looks more like a 'house', attached garage, on a very beautiful private lot.
Jose Martinez
32 Rentals – What’s Next?
27 January 2025 | 8 replies
Try talking to local banks who want to do business with you.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
Hi @Zhong ZhangI ran some numbers for you and attached the picture below.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?
Rob Tara
40+ unit deal. Need help w/ financial analysis
28 January 2025 | 6 replies
The main issue I have is contemplating the baloon payment at the end of the 2nd year and refinancing the remainder with a bank...how can I compute that into calculating the IRR?
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Stacie Telles
Refinance on Investment Property
31 January 2025 | 10 replies
Will the bank allow me to refinance the property again to tap into equity after the repairs and new appraisal?
Craig Holland
Empty lot lenders
27 January 2025 | 5 replies
they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..