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Results (10,000+)
Colleen A Levitt DSCR out of a DSCR?
9 January 2025 | 15 replies
Typically most DSCR lenders follow a traditional 5, 4, 3, 2, 1, PPP or a 3,2,1 PPP.
Jonathan Chan Learning How to Raise Capital
5 January 2025 | 2 replies
I feel like there are some strategies and follow up I'm missing and hoping to work for a capital raiser or an investing group as a capital raiser, so that they can focus on what they excel at, rehabs and project management.
Kody Smith Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
There might be larger buildings available but I don’t follow that market too much through the MLS, only some NH Landlord Facebook groups which are both owner friendly and agent friendly.
Hira Y. Property manager still charging landlord after the PMA is over.
6 January 2025 | 12 replies
No PM is not collecting rent, as per PM they are charging me the regular monthly fees because they are following up with the lawsuit with the tenant.Thank you for your input.H
Matthew Steele Lost lease, tenant issue
4 January 2025 | 11 replies
It's important to follow your state’s tenant/landlord laws and maintain a record of any essential notices given.
Thu Pham Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
I will likely follow what you outlined above, but won't open my calendar right away to allow time for the permitting process.
Sha Sing Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
We have a large following on social media and we have great standing with the business association in michigan.
Phillip Austin Should I fire one of my owners?
3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
Gamal Harding Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.
Yvonne Wang Example of a contractor contract and work list?
4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.