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Results (10,000+)
J Newman Thoughts on PM Software Rent Manager to Buildium and Switching Platforms
21 May 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Eric Crump Deal Machine App Beneficial
22 May 2024 | 77 replies
There was NO mortgage information, even though I have a mortgage.Conclusion: The only useful information was my name, square footage, number of bedrooms and bathrooms, and the date of purchase, but all of this information is easily available on Zillow or the online tax records. 
Account Closed finding floorplan online?
18 May 2024 | 2 replies
Maybe if it was new construction you could pull plans online from permit but highly unlikely.
Skyler Lehman Property management Pricing
22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
Daniel Ferreira First flip - convert large 3-car garage to 2-car to add sqft?
20 May 2024 | 2 replies
Some things that might be a concern:1) Obviously have to make sure things are all permitted first2) I don't want the room to "feel" like an addition, so flooring has to be same level/standardized with the rest of the house3) Unlike the rest of the house that has an identically-shaped 2200sqft basement underneath, this added space will not have a basement directly underneath it -- I'm not sure if this poses major cons for some reason that I'm not aware of4) Especially given the lack of basement underneath, I have to make sure that the HVAC can still somehow be piped into this room#2 and #3 are probably my biggest concerns (#1 and #4 I can find out relatively easily)Any tips/thoughts or other experience would be greatly appreciated. 
Mark Howard Investors looking to create Sort term rentals with Manufactured homes
22 May 2024 | 2 replies
Looking to work with interested investor looking to get into the short term or long term rental business through manufactured homes.
Joshua Delzell Ginnie Mae & LLC Transfer
22 May 2024 | 6 replies
The Due on Sale Clause is part of loans so that the lender has easier recourse in the situation that the property is sold and an argument arises between legal title and equitable title, which would come up after the loan isn't paid and they are trying to collect payment.I hope I can continue to provide the specifics of these exemptions for many more on here as it seems to be a point of fear for investors to properly insulate their business/investments from their personal name. 
Pat McQuillan Quality US Real Estate Market Data at the Metro/City Level
20 May 2024 | 2 replies
I'm basically looking for the following fields (or whatever I can get):- Median Sales Price- Median Rent- Vacancy Rate- 5 or 10-year Property Value Appreciation Rate- Any historical values for the above to compare against currentAny tips/bits of wisdom folks can share would be appreciated!
Ruby Ruiz Buyers Are Liars!?
22 May 2024 | 8 replies
I was helping a couple become home owners, while making a smart business move for myself.
Hyeseong Park Regarding Cashout refinancing
22 May 2024 | 10 replies
But yeah wow, then people don't really have to get active income from flipping business or something like that if I do cash out refi well. 70k is when coming from my pocket.