Collin Van der Veen
Why This Market is Nothing Like 2008
Could we be heading toward another housing market crash like the all-too-memorable one that occurred in 2008? Short answer: No. This housing market is nothing like the one that sparked the most devastating recession s...
Jane A.
One tenant is good and one is not so good
I am a little bit puzzled. I have an application from unmarried couple. Girl's credit check returned good, but guy's is not and he works as an independent contractor. My intention is just to have only girl in the leas...
Jerry Hodges
New LLC line of credit
I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, le...
Jeremy Porter
Navigating Financial Challenges with Empathy and Solutions in Property Management
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Jeremy Porter
Managing Additional Expenses: A Property Manager's Guide
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Account Closed
How soon after closing do you move property to a land trust.
When using Conventional or Government Backed Financing, at what point do you safely move the property to a land trust/llc without triggering due on sale clause.Share your experience.
Dan Gitter
Non-responsive HOA not following bylaws but placed lien on home
Apologize in advance for long-winded post but am feeling a little robbed and looking for guidance. I am currently involved in a dispute with my HOA over past-due payments. A little over a year ago I reached out to t...
Connie Steele
Commercial loan conditions
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
John Rooster
Is qualifing buyers typical for Florida HOA's?
I have a contract with a Bank to buy an REO condo in Florida near Boca Raton. It will be a second home, I am paying cash, $100,000. I have bought and sold more than 200 properties in my life, about 60 of those have be...
Fernando Jones
Exit Strategy Question!!
Hey Team,I was wondering if anyone could help me with a question that i have. What financial records or records in general should i be evaluating for a property that is 100% occupied?