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8 March 2017 | 10 replies
In short, I see a lot of posts on this subject and they all write it like they assume the tenant is bad, which maybe true but you don't know until you know and wasting money or creating an adversarial relationship befoe you have any experience with the new tenant is just plain dumb.Tony Robbins says this on the subject, “A coward dies 1,000 deaths, a brave man dies but one.”
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5 April 2017 | 20 replies
Do not get in the middle of this or her insurance agency will work you to death and drive down their payout.
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4 January 2021 | 32 replies
If the applicant requests a delay, the 60-day time period shall be tolled for the period of the delay.
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15 January 2020 | 18 replies
A list of possible reasons for this situation could be... divorce....downsizing...empty nest... recent move... death of a significant other...Having low credit is the scary part.
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23 July 2019 | 10 replies
Even a person on their death bed, if they have any integrity, can follow through with their promise to make payment.
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7 March 2017 | 8 replies
His lease started on January 1, 2017.I just received a phone call from his brother saying the found him in the home yesterday.I have never dealt with death in one of my homes, I'm not quite sure how that is handled.
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13 December 2018 | 29 replies
These require expensive air conditioning options, which I can't afford.So, if they are ever hit with a lawsuit because of fire damage or death due to tenants leaving their doors propped open in order to get cool, especially when there are heat advisories, in a building where they know their tenants can't afford an alternative - meaning they knowingly created the situation - I think they'd be seriously screwed.So, to limit your liability, and your costs, I think you should first at least give them the option to cool themselves down with an air conditioner you provide.
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26 November 2019 | 31 replies
This would be the worst scenario IMO that doesn't involve death........................................
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1 August 2018 | 5 replies
It is generally a good idea to discuss things prior to death so all are on the same page.
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19 October 2018 | 109 replies
You want to move up the 80/20 leverage curve from technician to investor/entrepreneur.In Bridgeport, Connecticut and many other markets the investment is about 10% of rents collected which frees you from taking resident phone calls, coordinating maintenance, leasing vacancies, accounting P&L's, conducting inspections and making property payments.Owners often times suffer from "death by 100 cuts" when having to handle all of these small items, missing opportunities to achieve bigger goals.Obviously this needs to be figured into your numbers before you purchase the property.