A tenant is very close to signing a lease and has confirmed a date to come in and we told them that all people that will living in apartment must be present and to bring all documentations and have them ready. they pr...
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So I’m looking at purchasing a rental property condo and received the financials. My attorney and accountant disagree on the state of the property. The balance sheet shows negative retained earnings to make the bala...
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What are some big red flags that stand out to you when searching for out of state property management?
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Happy Friday Everyone!
So I have a quick question. I am in the process of renovating a property and interviewing contractors. One contractor I spoke with provided a quote of $16,000 to renovate two bathrooms (1 sma...
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Seller has 7 single family homes and wants 100k each. He claims the rents are all $1000 a month, but has never used leases, collects cash only, and won’t provide bank deposit statements or any form of evidence. Won’t ...
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Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become (i....
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Thank you BP for the rental screening how to. I just had an inquiry for a listing that I listed on Postlets today. The email had all the red flags that are mentioned in the How to Screen tenants guide. 1. Will take...
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I didn't want to start a post just asking for CPA or attorney recommendations but rather what are some red flags or bad experiences you might have had with these professionals along the way that I should look out for ...
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Question for Agents / brokers ...When a prospective buyer asks whether a listing is FHA eligible, what alarms go off in your head?
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This is a chart of the term "flip houses" being entered into Google. It peaks in July, 2007 (the worst time to buy) and bottoms in Sept., 2011 (the best time to buy). It's now at levels approaching 2007.