Mark Benevento
Realtor contacting me with potential tenants!
3 September 2017 | 8 replies
So if an agent that deals with rentals as a primary and is in an area like NY or NJ says something contrary, trust their take on it.I would recommend saying something along the lines of: You are welcome to setup a time but your client will be responsibile for any fees associated with your services.
Brendan L.
May have low balled my first apartment in ad, raise price?
1 September 2017 | 2 replies
Leave it for a year and raise by 5%/year?
Account Closed
Deposit from previous landlord
1 September 2017 | 4 replies
If not, now is the time to raise the issue of discrepancy.(4) Do a walk through to see what may be damaged/in need of cleaning (beyond reasonable wear and tear.)
Joe Splitrock
Follow My Vacancy Through Rehab and Tenant Placement
1 September 2017 | 0 replies
This is not how I run my business today, but when this tenant rented I told them if they stayed long term we wouldn't raise their rent.
Charlie McClskie
1031 Exchange (Personal name to LLC)
5 September 2017 | 2 replies
All reasons for the Service to dig dig dig.
Ryan Evans
I'm taking a field trip to Cleveland!
18 September 2017 | 87 replies
I'd mark up just alittle bit because it must be not updated to raise the rent...let's say now it's $55KTaxes $11388/year, insurance could be $3K easy - it's a free standing building.16 parking spaces, lot 0.45 acres.
Anthony Dominguez
What is the "NORM" when dealing with General Contractor
1 September 2017 | 5 replies
I got a list from my contractor yesterday:roof - $4300windows - $2250flooring - $3200bathrooms (both) - $7000appliances - $1200paint inside and out - $2600door - $450total - $21,000That's about as detailed as I've ever had. as @Brian Pulaski said, you're paying for a complete service, it's common to get SOME lists of work, but vague ones.
Kylann Griffin
Funding a rehab for a buy & hold
1 September 2017 | 4 replies
I would recommend learning how to raise private capital.
Alyssa Paros
Looking for 10% down no PMI
2 September 2017 | 2 replies
Yes... take monthly MI especially if you know that your ARV or "after repair value," is at the very minimum 125% of your loan amount because this in essence means you have 20% equity (IE 100k ARV / 80k loan amount = 125%) and you can get your MI removed automatically after 12 months min (some mtg servicers vary but most are min 12 months for auto removal w/ equity documentation).
Deddy W.
Undisclosed lease on property sale
18 April 2018 | 7 replies
A couple weeks after closing, the buyer came back to me and mentioned that my property management company signed new leases and filled the vacant unit with new tenant during the escrow process (after I signed the contract but before the escrow closes).The new leases are 1 year long and the new owner is not happy as he cannot raise the rents.