Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require

Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now the full amount to move in including the security deposit and her credit score is in 500 due to medics bills and a few other stuff, versus the second person makes a little under two times the rent but she has a great credit score at 6 70 and she has the full amount to move in right now, what would you do?

I mention this because I understand that social security tax would not be imposed past $128,400.

So my question is, when I find a deal, do I secure the exact sale price with the investor before I make an offer to the seller?

I plan to collect first and security at lease signing and give the keys around date of possession (after proof of renters insurance, utilities check, final walk through etc.) but I don't know if this is the best option.If I collect first and security at lease signing (in a few days) and they don't move in for any reason.

The problem I'm having with this is the job security and financial benefits I'd be potentially giving up moving positions. 

Qualification StandardsApplicants must meet minimum screening standards to be considered: Applicant must have current photo identification and a valid social security number. Applicant's monthly household income must exceed three times the rent.

It has been 4months since I’ve provided her with a forwarding address per email and I have yet to receive my security deposit or itemized documentation.

There are wires that stretch between each building for Duke Energy, Comcast, security cameras, etc.Last month a Rent-A-Center truck took out a bunch of my lines - I have the whole thing on video:https://youtu.be/BafD7fb5E-Mhttps://youtu.be/C0p-5q7MMiMTheir insurance company is refusing to pay the claim because they say my wires are not high enough and do not comply to NESC Guidelines.Does anybody know what NESC is, and as an apartment building owner is there some expectation of compliance?

If so, then loaning your money to experienced investors, secured by real estate, might be for you.Join us at this meeting and learn how to loan your personal funds safely and securely, without actually owning the properties, as well as many tips on borrowing from a private lender.Jeff will not only talk about the pitfalls of borrowing private money, but also the benefits of working with or becoming a private lender.Learn from an experienced lender:• The basics of becoming a private lender or borrowing from one.• Questions to ask a potential lender and what to watch out for.• How much money you need to get into the lending business.• Loaning to and from self-directed IRAs and 401Ks.