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6 May 2022 | 2 replies
Are there any outstanding property taxes due?
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8 May 2022 | 4 replies
Often have to supply deed proving owner and management contract to prove not a crook trying to steal rent. 6) Deal with tenant attempts to take advantage of new relationship - repair issues no listened to them about, claiming lease is now invalid and they don't have to pay rent, rent is different than contract, undocumented side deals with previous PMC that they want honored, etc...7) Update mailing address with city & utilities, so new PMC is properly notified of isssues8) Confirm no outstanding tickets or back taxes owed9) Confirm proper insurance is in place and PMC addedWhen a PMC is terminated, owners expect a PMC to cooperate and supply the following for FREE to the new PMC or them for DIY:1) Leases2) Rent ledgers3) Any legal proceedings4) Application information5) Keys6) Maintenance logs/history7) Final owner statements8) They want the previous PMC to assist them with property & tenant issues weeks & months later9) They want previous PMC to assit them with financial issues months laterWhat do you think all this is worth?
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17 February 2022 | 94 replies
@Matt Lyons Outstanding post!
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9 May 2021 | 13 replies
This is one of those times where not every battle is worth fighting.
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10 May 2021 | 3 replies
What is current market value and what is your outstanding loan balance?
12 May 2021 | 63 replies
I mean these people are at risk of losing their homes and everything and are frequently thrown out without any way to fight back.
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10 May 2021 | 9 replies
If it’s their primary I think you’d be in for a long legal fight to get people “evicted” from their home.
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10 May 2021 | 9 replies
Good luck and if you want to DM me for an "outsiders" "no dog in the fight" point of view please do so!
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10 May 2021 | 2 replies
I say “new” because I was on my way to purchasing real estate 2 years ago until fear, analysis paralysis and just fighting myself in my own head helped to excuse myself from buying long distance rentals to complete my goal of financial independence.
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3 June 2021 | 1 reply
The township says the CO must be completed before closingMy realtor (who actively invests in this town) says don't worry about it an apply for the CO once you finish your work before moving in.My lender says they dont care and will finance with or without the CO.My lawyer says its up to us - they'll just run an open permit search to make sure there's nothing outstanding.