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31 January 2024 | 7 replies
NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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29 January 2024 | 40 replies
Until then many landlords' hands are cuffed.HUD and DOJ's Joint Statement on Reasonable Accommodations Under The Fair Housing Act (May 17, 2004) states that a doctor or “other medical professional, a peer support group, a non-medical service agency, or a reliable third party who is in a position to know about the tenant's disability" may provide the verification of the tenant's disability.That is an exceedingly low bar.
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30 January 2024 | 4 replies
This not only verifies its condition but also ensures you're paying a fair price.Escrow Services: Use a reputable escrow service for any financial transactions.
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30 January 2024 | 4 replies
Sounds risky - but I have rented to plenty of folks with late payments on their credit, my only non-negotiable is a record of non-payment of rent.
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31 January 2024 | 33 replies
@Thomas Yourkiewicz - There is a great deal of information on BP about Toledo to help you understand its national appeal vs other cities, price, cash flow, and ease of entry are a few.My biggest lesson learned in Real Estate in general is - whatever your niche, you will do just fine provided you specialize, create an offering that meets a need in the market, and stay the course when you have hurdles.This holds true if you specialize offering housing to professionals who need high-end temporary housing while assigned to long term projects...medical facility rentals with nursing staff provided...and for every aspect of servicing the investing community (hard money, note buying, appraisals, etc) which gets you out of the landlord role altogether.One sure way to fail is to constantly shift your focus and jump between cities, neighborhoods, or investments.
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30 January 2024 | 13 replies
RESPA has a points and fees test for both owner occupied and non-owner occupied.
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29 January 2024 | 9 replies
I allow small, non-dangerous pets and do a $250 pet deposit, regardless of flooring.
31 January 2024 | 8 replies
Thanks,AdityaHi Aditya, I have worked with a lot of great property managers that charge reasonable rates and provide excellent service, and I would love to recommend them to you.
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30 January 2024 | 3 replies
It was a mess but it was more important to me that I get the house back in service quickly.
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29 January 2024 | 2 replies
Is it illegal to not rent to Prostitutes especially if the tenant screening service shows demonstrable income on a consistent basis?