JP Christopher
Tenant is victim of abuse frm other tenant - wants them off lease
1 September 2022 | 9 replies
she also mentioned that she has called the police before when outbursts and abuse has occurred, but it takes 8 hours for them to come, and they have openly told her there is nothing they can do based on their same sex relationship.
Linda Thomas
Potential new tenant question
6 September 2022 | 15 replies
If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.
Brandy Hall
Water Sub-metering, How Do I Do It Remotely?
29 September 2022 | 1 reply
This takes a little more work, but it's the most fair and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
Ted Rosenquist
Funding down payments
29 September 2022 | 5 replies
Unless you find an angel investor/partner, etc. the only way that comes to mind immediately is to work the other end and reduce expenses so you can generate the savings.
Luke J Nelsen
Keep the deal or walk away due to rates? Smokies
30 June 2022 | 37 replies
Reason being is they are being overbuilt, and when the # of visitors goes back to normal but there is a lot more inventory, those who bought early can easily reduce their prices and still cover their costs- those who bought at inflated numbers cannot reduce their pricing, if they do they will be cashflow negative.
Daniel Alfandre
What happens to the sponsor-investor agreement after a refinance?
19 July 2022 | 1 reply
That being said, typically a refinance of property in a syndicated situation is used to either (1) increase the current cash flow by reducing loan payments through either a lower interest rate or a longer amortization, or (2) increase the principal amount of debt so as to be able to distribute capital (tax free) back to the passive investors.
David L.
Do you take photos for move in and move out?
25 July 2022 | 15 replies
It is simple to reduce the size of a group of images if you are going to email them.
Jordan Decuir
Seller Financing; How Do I set Appraisal Contingency?
10 December 2022 | 21 replies
I get greatly reduced closing costs, no credit pull, I like interest only payments, no origination fee.
Travis Rush
Rent by Room- Inappropriate Tennant Behavior
27 December 2022 | 11 replies
Housing strangers of the opposite sex together is a recipe for disaster.
Nicholas Crawford
Need help figuring out refinance situation! Please!
6 January 2023 | 12 replies
The main issue is DSCR wont work out so any lender is going to require massive amount at closing to offset or reduce loan amount.