23 April 2020 | 15 replies
This will be determined by assets, revenues, disclosure requirements, and profit status with respect to lessors.If any lessor is caught violating the requirements of the 5-year freeze period, HUD will recapture all assistance funds provided to the lessor.
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21 April 2020 | 1 reply
It started out saying they wanted to inform me (as a participating landlord) of their funding status and ask for my cooperation in freezing rent increases.
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22 April 2020 | 10 replies
If the units have shared ventilation systems, you might be able to convince a court that this is a health and safety issue that they should hear, particularly if you are high risk (but I think its a long shot).
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23 April 2020 | 40 replies
Jordan,As a professional property manager with over 1000 units, that 8-10% comes out to about $3 to $5 a day to pay for technology, staff, rent, insurance (which is outrageous), MLS (also outrageous), lockboxes, gas, telephone, software, computers, inspections, payroll, taxes, health insurance, I could go on and on...... but its not ok for us to make $3 to $5 a day to care for one of your most important assets 24/7, 365.
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23 April 2020 | 6 replies
Will you have the option to keep your health insurance for a while or do you have a plan to cover that expense?
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20 June 2020 | 14 replies
It could be something that the listing agents are doing differently or this could be there are so many in extended status, open to investors.
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22 April 2020 | 4 replies
You want particular people that value quality, they usually take better care of your asset, stay longer and have better jobs, and mental health.
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23 April 2020 | 4 replies
This is from https://www.landlordology.com/portrait-american-landlord-infographic/Portrait of an American LandlordGender and Relationship Status:85% Male / 15% Female62% Married / 38% UnmarriedAverage Annual Income: $97,000Number of Rental Properties Owned:50% own 1 Property18% own 2 Properties6% own 3 Properties26% own 4-25 Properties
23 April 2020 | 5 replies
Like in Massachusetts they just passed a bill that says you can't evict your tenant unless they are a danger to neighbors or causing some kind of health issue.
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25 April 2020 | 5 replies
Thanks BP community for all your help and I wish you all health and happiness during these times.