David Yee
Property Management Basics
8 December 2021 | 7 replies
Our goal is to rent your vacant property as efficiently as possible, which requires us to balance how long a property is vacant, rent amount and tenant quality.Screening ApplicantsPoor screening often results in lost rents, legal & court costs and costly damages.Screening of applicants includes the following:Full credit/eviction/criminal checks are done, instead of score-driven reportsVerification of rental history includes validation of actual property owner to avoid fraudVerification of stability of income & employment via YTD paystubs & W-2(s) (analyzed to confirm not fakes)Income is calculated 3 ways to spot stability anomalies: pay period, YTD average and YTD + W-2 average.Debt-to-income analysis (more accurate than traditional 3x rent requirement)Bank statement to see if NSF issues, if deposits support income, prove MoveIn Funds, also analyzed for unusual transactions.Pet screeningHolding Fee required from approved applicants to make sure they are serious, before your property is marked pending.
Scott Bremer
What are my loan options for auction properties?
4 December 2021 | 2 replies
County court ones organized.
Jordan Tucker
Multiple tenants fighting
18 December 2021 | 4 replies
If the one brother moves out, you likely aren't seeing a dime from him without court action. 2.
Nathan Gesner
Would you throw out your tenant's personal belongings?
17 December 2021 | 20 replies
After eviction he was given 45 days by the court ordered “mediater”.
Todor Ialamov
9 Units Allenstown NH
11 December 2021 | 2 replies
25% down payment. 1031 Exchange using only proceeds (no out of pocket cash) from a 3 family we had sold.
Alejandro Obando
Closed on my first house hack…and this happened …
7 December 2021 | 6 replies
Should I proceed to sue seller?
Christopher Fabiany T.
Endless eviction in Connecticut
16 December 2021 | 8 replies
What should I do, in terms of letters/files to make sure I can file a small court claim and have a better chance to recoup the non-paid rent?
Julia Preciado
Forgot to do move out inspection, tenant now wants free rent.
5 December 2021 | 16 replies
I'm not sure how to proceed here.
Michelle Mitchell
Warzone Properties...why purchase them
26 December 2021 | 12 replies
I would be using the proceeds from the sale to purchase another property unless my savings catch up first!
Mikey Grabon
Assignment of mortgage
7 December 2021 | 8 replies
If servicer didn't follow timelines (I've seen heirs sue servicer in 2021 due to lack of procedure) they might win in court.