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9 December 2024 | 1 reply
I would also get a 1099G for whatever grant was received so not exactly "free" but could be offset other ways potentially.
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17 December 2024 | 29 replies
I'm absolutely not interested in leasing fast at all and I'm extremely picky about tenants and I do things like require a large security deposit (even for section 8 renters, I have three of them and love them), don't supply appliances, take my time doing background checks and arranging multiple calls/meetings with potential tenants.
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11 December 2024 | 10 replies
Most of those specialty programs (first responder loans, downpayment assistance, etc) are based on local state/county grant programs that back the loan.
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15 December 2024 | 7 replies
They have unsecured creditors of over 5 million dollars and secured creditors as either loans on properties and/or owners of properties.
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19 December 2024 | 22 replies
The outcome was great.. they secured a mid-century home with a rental unit that offered both a comfortable living space and a reliable income stream.On a personal note, a friend of mine made a bold move and purchased in a slightly less popular area.
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16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
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15 December 2024 | 38 replies
Don't be surprised if the insurance company has the family provide the security deposit.
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14 December 2024 | 13 replies
Overall, it is okay, but it still requires relinking the accounts periodically, which seems more security-related than anything else.
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17 December 2024 | 8 replies
I recommend you find a qualified intermediary who:Will not commingle your funds with other clients.Holds a Fidelity Bond with Errors and Omissions Insurance.Member of the Federation of Exchange Accommodators and Better Business Bureau.Wire Transfer Security measures to counter wire fraud.Have a great day!
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11 December 2024 | 5 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.