Tyson Davis
Putting full lease's rent down as security deposit
7 April 2020 | 1 reply
I normally ask for a security deposit equal to one month's rent, 1.5x is the max allowed by law where I am and I would increase the deposit to the max IF the prospective tenant had a score above 500 and was working to improve their score and the rest of their history looked ok.Given the current environment with COVID -19, they may be very willing to help you out just to get a paying tenant into a vacant rental.Hope that helps,Kelly
Sue C.
45 day security deposit return and stay-at-home order
3 April 2020 | 3 replies
I would send the tenant a letter advising them that the deposit would be held until normal operations are able to resume or until you can get someone in there to repair the damage they caused.
Ben McMahon
Is this the end of the Traditional Real Estate Agent Era?
12 April 2020 | 76 replies
But life will get back to normal and we will all be having “do you remember when _____” conversations.
Kris Russell
Are new renters still looking During Covid outbreak
14 April 2020 | 4 replies
Verify income as you normally would, run their background/credit and talk to their last two landlords.
Tyler Hayes
First time rental property in San Diego
23 February 2021 | 18 replies
During normal times (the virus is not normal times), I would think 5% long term appreciation is not aggressive, but I would choose more conservative of 3% or 3.5% in my projections.
Jonah Korchin
Why drive 4 dollars when there are vacancy lists?
4 April 2020 | 7 replies
Also, the good wholesalers I know always have a few streams of leads, they'll never rely just on driving, but as they are driving around they can pick up a property here and there during their normal business.
Jared Kampschroeder
Commercial renovation vs new construction
5 April 2020 | 2 replies
this is not answering the particular question about the race track.In florida we build from the dirt up, because its normally cheaper than a flip and the buyer would much rather new construction than a flip property.
James Morrissey
Recommended REIAs, groups, or meet ups in Cincinnati, OH
7 April 2020 | 9 replies
@James Morrissey During normal times, I think nearly all their meetings are in-person meetings.
Account Closed
Unit for rent...but tenant won't allow access because of covid19
6 April 2020 | 12 replies
We would normally attempt to show while tenants are living there, but times are obviously different right now.
Jonathan Leung
Agent ask to show my property
4 April 2020 | 5 replies
Is it a normal an agent would ask landlord that?