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Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
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We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
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How do you respond to tenant complaints....2-3 business days? Depending? Do they call you or text you?
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Greetings all:
I have tried finding information in regards of the steps and responsibilities for landlords as well as tenants before a hurricane hits.
I am in Florida and there is a possibility of a hurricane headin...
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I would like to know what real estate professionals are currently looking for in the realm of administrative support. Does the use of a Virtual Assistant (VA) have the potential to become more preferable over administ...
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The property is abandoned. I am having a company secure the property tomorrow and change the locks. Any advice about signage and signs to post?
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A friend of mine is renting a room in Fort Myers, FL. The lease she signed states that the owner may inspect the rooms at any time and NOT just in an emergency. As I understand this, this clause is a clearly against F...
I know probably some of you actually have. What's a typical year like in the landlord-tenant relationship, though? Do you expect two or three issues per tenant a year or two or three a month? A week?Thanks for any rep...
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Hello Friends,
I'm currently in the processes of evicting a tenant for non-payment of last months rent. I'm concerned that this might slow my investment goals down. I can show my loan officer that I have a lease for...
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I have a rule In my buildings that Nothing is allowed in hallways, all tenants are compliant. one tenant recently started puuting out stuff, her mop and bucket, big kids bike etc. I have asked her please not to keep i...