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11 August 2024 | 12 replies
Hello, I have rented out a Single family home on Jan 1st 2024, tenant was brought in by an agent and setup lease as well.The tenant profile was not so great, but it was empty for more than 3 months and I reluctantly rented it out.Since then, tenant was paying rent, but on 5th of every month after couple of followups.Last month they pushed it to 15th asking they were hit by sickness, family emergencies and BS, I said its only one time pass and they paid it on 15th.Now August 1st is upcoming, they are requesting for a call setup to chat, not sure whats that abt, but I presume to buy time.BF and GF signed the lease, it appears things not working out well between them, only lady is answering emails/chats/calls.
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9 August 2024 | 1 reply
I recently switched insurance carriers for two of my rental properties and about two months after coverage started, I received a letter for each property with a list of items to be remediated within 40 days or coverage would be revoked.
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15 August 2024 | 29 replies
I would say one of the things you want from the borrower would be the note on the first and evidence that payments are made each month.
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10 August 2024 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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12 August 2024 | 5 replies
I turn 50 in a month.
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9 August 2024 | 39 replies
You usually have a higher cost basis when you buy great property.
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11 August 2024 | 4 replies
The only benefit you'd get from a fideicomiso is asset protection so you have to decide if it's worth the cost.
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9 August 2024 | 4 replies
If rates do drop, you could face higher property costs, potentially negating the benefit of the lower rate.
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8 August 2024 | 6 replies
If they're 10% more expensive, is that after renovation cost or before?
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11 August 2024 | 0 replies
Although all of the Los Angeles metropolitan area's twenty-one office submarkets contributed to the metro's recent rent growth, it is worth noting that the 0.8% asking rent growth rate of the past 12 months compares unfavorably to the metro's long term performance.Competitive Inventory, Employment, AbsorptionTotal employment in the Los Angeles metropolitan area increased by 14,200 jobs during the first quarter, representing a growth rate of 0.3%, while in the dominant office-using industries, employment grew by 4,600.