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Results (10,000+)
Henry Lazerow Waukegan rental property inspections?
10 March 2020 | 0 replies
Do they flag stuff like a furnace or water heater that was replaced and didn't pull permit or are they usually pretty relax unless theres a tenant complaint?
David Nacco Mobile Home Park Investors, Where do I Start?!
2 April 2020 | 7 replies
The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…
Steve S. Need help - New experience with prospective tenant .
11 March 2020 | 9 replies
Can i mail it to you and you'll have it friday"Meanwhile i have another prospect praying she falls through so they can give me deposit and lease. 
Victoria Janis Prospective Tenant Going through Separation/Divorce
11 March 2020 | 2 replies
Good evening all, I’ve got a prospective tenant who showed up to view a home with her husband. 
Poe George Who's got the best niche?
11 March 2020 | 8 replies
The only thing technology has done has permitted long-distance stuff to be done a little easier, and perhaps automated some of the administrative side of things (rent collection, work orders, etc).
Robert Smith Washer & Dryer Included...Do They Make A Difference?
15 March 2020 | 10 replies
I'm in an urban area and it definitely increases the number and quality of prospective tenants. 
Lane Koehn 6plex on r4 zoning not sure if it’s all legal or if I could be gr
12 March 2020 | 4 replies
Look through the file and see if you can find a Building Permit or Certificate of Occupancy that demonstrates that the extra units were added legally - most likely prior to the creation of zoning in that city.
Maya V. Showing an occupied rental during covid-19 in California
2 June 2020 | 3 replies
My tenants gave notice and will be leaving July 1st but I would like to show it to prospective tenants while still occupied.
Negar P. Confusion in understanding the code in my city's ordinance
2 June 2020 | 10 replies
That’s not something that typically requires a building permit.
Rebecca Salazar Is there a “best” real estate company or is Redfin the move?
1 July 2021 | 37 replies
Most agents just go into residential sales and when they do that, the homeowner completes a lot of the back-end things like permits, CO, easement checks and title does their part on a sale.