David McClain
How long do you allow tenant month to month after lease expires?
7 January 2019 | 3 replies
Most tenants from my experience in property management prefer a lease rather than month to month as it offers them security of a home for that term.
Marquise Hatcher
Credit Repair Companies
13 January 2019 | 4 replies
If you're trying to rebuild, start researching secured credit cards.
A Xiong
Possible Lease Option in Alaska
4 January 2019 | 4 replies
The renter will need to secure financing for the remaining purchase price on the home by whatever date you agree to.If the renter doesn't secure financing, then you can charge fees and extend it, or terminate the agreement and evict them.Rinse and repeat
Sean McCluskey
Do you ever walk away from a BRRRR?
7 January 2019 | 10 replies
It's great to hear that I'm thinking about this the same way.I was talking with my PM this morning and he even mentioned that they will often require a 1.5-2 month security deposit on the lower priced rentals (based on tenant credit and financial background).
Syed Firoz
Security Deposit for Evicted tenant
6 January 2019 | 5 replies
It was my understanding that the security deposit was to be returned, minus any unpaid rent and damages.
Andrew Caldieraro
Replacing old wood windows
3 January 2019 | 2 replies
I don't have a measurement on the windows, but they are probably 2.5' wide and 5' tall, and they are a single sliding window.
Carson Kesner
Cancer Causing Granite Counter Tops?
4 January 2019 | 5 replies
We had a security system installed into the home due to unsavory individuals looking to find some tools at a discount.
Consuela Odueke
How do I buy a house with not so good credit?
28 January 2019 | 5 replies
Make the asset secure itself- In larger multifamily homes you dont have to actually have all of the cash on hand. the asset will secure itself due to the nature of the facility.
Michael Austin
Successful Partnership Strategies
4 January 2019 | 5 replies
Hope this helps.Partner 150% OwnershipSelect ProjectAgree to Price of Offer and Other Conditions Submit Offer to BrokerAgree to Rehab Plan and Schedule Prepare Funding Opportunity Document Solicit Investors for FundingCoordinate Funding for the ProjectCoordinate Documents with Attorney for Funding Coordinate with Attorney Closing Dates and Fees Coordinate with Real Estate Broker on DetailsSecure Property Insurance and have Utilities Activated Secure Bank Account to Pay BillsPayments over $500 Require Approval of Both Owners Prepare On-Line Advertising for Property Available for Rent Upon Selection of Tenant Run Criminal and Credit Check Agree to Rent Amount and Security DepositProvide Updates to our Private Investors as to Progress of Project and Coordinate with the Bank on the RefinanceRequest Appraisal as soon as PracticalProvide Personal/Business Credit to Secure Refinance Close on Refinance Within Scheduled TimeExit StrategyPartner 2 50% OwnershipSelect ProjectsAgree to Price of Offer and Other Conditions Develop Plan for RehabDevelop Construction Schedule Develop Budget for Rehab Coordinate with Outside Contractors Initiate and Complete RehabLabor will be at cost as part of Participation to Operating Agreement Agree to Terms on Funding Conditions i.e., Interest Rate etcCoordinate Permits if Applicable with Government EntitySchedule Inspections and Remedy ComplianceSecure Certificate of Occupancy or Final Inspection Approval Both Members will Agree to Pay BillsPayments over $500 Require Approval of Both Owners Coordinate Showing Property to Prospective Tenants Select Prospective Tenants and Recommend to Member Agree to Rent Amount and Security DepositClean Up Property for TenantProvide Property Management and Maintenance Provide Personal/Business Credit to Secure Financing Exit Strategy
Clint Larson
University Hill Apartments, Minot, ND
3 January 2019 | 0 replies
When it got near my target price, I submitted an offer and secured the property for slightly less than my target price.