Alexander L.
Include relocation or insurance agency on the lease
I was contacted by a Relocation Specialist for one of my rentals. They are assisting a tenant (and their insurance company) that was temporarily displaced due to a fire at their home. The lease term works out perfectl...
Jonathan Johnson
What to include in a Letter of Intent
Here's what I'm putting together for an apartment LOI, not sure what or if I should save stuff for the purchase contract:A) Purchase Price (high offer, almost asking price since there's already another offer on the ta...
Jacob Botson
I am having contractor problems that includes overcharging
My wife and I recently hired my father in laws friend to do work on our house. We used a construction loan to get some of our work done. One thing that we had done was siding. The contractor came over and we went ove...
Mike Wood
What expenses should be included in CAP rate?
I have started to look at 5+ unit multifamily units, with all of my experience being in duplexes (14 units current). I would like some help on determining what expenses to include in the cap rate to figure out the re...
Rick F.
Maintenance - is prior tenant pet presence/cleaning included?
Hello all,We recently purchased and rented out a town-home, and discovered that after the tenant had moved in, signed lease - that although we had cleaned the place (basic carpet, windows, walls, counters etc.) we did...
Joe Hines
Does anyone include automatic rent increases in leases?
I invest primarily in SFH in North Florida and my average tenant stays in place over 3 years. I love the stability, but it does mean I slowly fall behind on NOI as costs for landscaping, taxes, etc slowly creep up. ...
Steve Potash
Cozy - Does it include electronic leases and signatures
I was comparing different software, and I can't find anywhere on Cozy's website that they have electronic leases and e-signing. Does it have this functionality. Most other software companies mention it as a feature. ...
Daniel Meyer
What to include in a new lease (Chicago)?
Hi everyone! I have some questions about leases.
We bought a 3 unit last year; they were all rented out and did not have to deal with leases. Now, one of the units is up for renewal. I do not want to renew the unit ...
Harrison Hodson
What to Include in a Project Proposal/ Examples?
Hey BP!I am just starting out in the world of REI, and I'm trying to get a better idea of what types of packages people are putting together to show lenders/investors for potential deals. Does anyone have any example...
Ali Parvizad
Do you include prepaids when calculating closing costs?
Whats up everyone, Do you calculate Prepaids/escrows in your closing costs when calculation COC? Thanks, Ali