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10 December 2017 | 8 replies
It’s offered through Entrata but you should be able to perform screenings independently without purchasing the software, which can be costly unless you’re managing quite a few properties.They even generate approval or fail letters for you that make it fairly clean, cut and dry.
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11 December 2017 | 17 replies
The purpose of NOI is to know the income a property produces independent of the owners financing or tax situation.https://www.propertymetrics.com/blog/2014/03/05/net-operating-income/
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13 March 2018 | 32 replies
Cash flow is the result of your money doing the work, W2 income is the result of you doing the work.This is a fundamental concept that everyone needs to understand.To become a doctor you invest 8+ years of time and well over $100K into your education.If you are trying to chose between becoming a doctor or a real estate investor, there is no doubt you can become financially independent much faster in real estate.
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16 December 2017 | 10 replies
I currently am an independent licensed RE broker in NY, MA and RI.
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13 February 2018 | 24 replies
One other item to note- make sure that your lease holds tenants liable when they are flushing feminine products, putting grease down the drain, etc.
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22 December 2017 | 7 replies
It states in part that:The owner shall maintain all means of egress at all times in a safe, operable condition and shall keep all exterior stairways, fire escapes, egress balconies and bridges free of snow and ice, provided, however, in those instances where a dwelling has an independent means of egress, not shared with other occupants, and a written letting agreement so states, the occupant is responsible for maintaining free of snow and ice, the means of egress under his or her exclusive use and control.
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17 December 2017 | 4 replies
Foremost and Diamond State are two companies that issue these policies - you can get them thru many independent agents.
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18 December 2017 | 13 replies
I have been in situations where I independently gave money to a relative but I would not access joint money or my husbands funds to loan or give to a relative without his agreement.
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4 January 2018 | 16 replies
As for how I picked the property: I ran the numbers and picked a property that was in a low crime area.I hear you on being leery of the turnkey property websites, but I think the best way to deal with your concerns there are just to verify the turnkey provider's claims and work: before you buy, have an independent inspection and appraisal report.