
27 March 2020 | 4 replies
We either get our offer accepted or rejected but rarely raise the amount.

28 January 2021 | 32 replies
Wow that actually looks acceptable!

28 March 2020 | 1 reply
I can't get over the fact that people are actually thinking that charging tenants full rents is acceptable when people are losing jobs and possibly their life...

29 March 2020 | 10 replies
So far, I'm thinking inspection contingency, attorney contract review and acceptance, review of leases, financing contingency, estoppel agreements to prove the ownership of appliances and the status of deposits (many deposits on file are far lower than the monthly rents and sellers in Ohio regularly lie about who owns appliances and what the actual deposits on file are), unless there is a better way to approach this?

12 January 2021 | 5 replies
@Travis Steinemann we'll be gathering all utility expenses during due diligence if the offer's accepted.

29 March 2020 | 11 replies
In addition, we are no longer accepting new Rental loan applications during this temporary hold period.Lima One continues to underwrite and close loans during this period but must temporarily modify our loan programs as the financial markets dictate.
1 April 2020 | 125 replies
Accepting partial payments over the next few months is also going to be a new thing to some landlords that have never been through a pullback.

27 March 2020 | 6 replies
All of those things mean that you have to bring more cash to the deal to close it.If you set your offer price by solving for an acceptable investment return (which is what you should be doing it), bringing more cash to the deal, even with all else being equal, means that returns go down.

30 March 2020 | 5 replies
They claim they have put in 25+ applications and paid all of those application fees and they haven't gotten one acceptance and haven't heard back from most/all of the places they applied for.

31 March 2020 | 7 replies
@Carolyn Chandler In Illinois a lease automatically converts to a MTM if no new lease is signed, tenant doesn’t move out, and owner accepts the rent.