28 March 2018 | 8 replies
I start screening applicants once everything is received, to include supporting documentation, applications from everyone in their party, etc.
28 March 2018 | 37 replies
I would personally pick option C.Place tenant myself and self manage for the following reasons:I don't like giving away 10% of my rents.No one is going to care about my property more than me.I have systems in place that allow my to self manage with minimal time.I have a great support staff that I can text when there is a repair that is needed.I rarely take calls from tenants and tell them to text me to keep from getting caught up in their drama.If they don't pay rent on time and it is a repetitive problem I file an eviction to train them they must pay on time or go somewhere else.They can pay rent with Zelle, paypal or deposit rent into my bank account (most deposit into my account)It is their job to pay rent on time I do not collect or chase rent it comes to me.My rental portfolio is very passive with little interaction required by me.
26 March 2018 | 6 replies
Meaning I'll have bank mortgage for $203k and left with $87k due to 70% rule.
8 April 2018 | 20 replies
q=drop+ceiling+grid&...)I'm just making the assumption about the screws being there for support.
31 March 2018 | 11 replies
This statement is required by rule of the Supreme Court of Missouri.”
30 March 2018 | 5 replies
If evaluating something like this be aware that even though it may be grandfathered in...the fire marshal can deem that the homes are too close based on safety concerns and rule that you can’t bring in new homes
29 April 2018 | 17 replies
(I've already begun work on spreadsheets, but finding out the specific fees and management rules for each condo/condotel is daunting and I don't want to start actually shopping until I know a lot more about each condo association).- I am totally aware of the problems with condos.
3 April 2018 | 6 replies
Each state has its own rules about what can and should be done with items left by a tenant.
4 April 2018 | 7 replies
I recommend you do go out and talk to at least three brokerages and ask them what support and training they will provide, commission breakdowns, and what costs are they going to charge (usually a desk fee)?
9 July 2019 | 10 replies
It is harder today to differentiate between companies and offerings than ever before, but that doesn't mean that running numbers on Turnkey properties is any different than other single-family homes.The 50% rule is a well-accepted, quick assumption calculation for determining net rental income on a single-family house.