I just bought an office condo to house a full time worker for back office items. The front entrance door to hallway is currently what I thought were old wood floors. Flooring guy comes by today and looks at re-sanding...
I am closing on my first multifamily in a few days and want to send a letter to my tenants letting them know the property has changed hands and that there will be a new property manager. At the end of the letter I tho...
I am looking at a large multifamily in ny. How do you evaluate value? Use comps? I don't see any. I looked at findcompsnow, redfin, zillow. I see a list price for $3,000,000 and I want to know how he arrived at tha...
Just thought I'd post this for any landlords deciding whether to spend the energy advertising an apartment this close to Chrismas.
I have small 1BR units, clean, safe and inexpensive $675 plus utilities, in a...
What financial qualifications do you consider when evaluating a tenant? Minimum credit score? Income multiplier (compared to monthly rent)? Debt:Income ratio? Other?
I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
Hey guys,
We have had some tenant apps that smart move suggested we decline, and a few that said lightly approve.
They seemed like decent people, but my question is.....
If SmartMove says decline, do you ALWAYS dec...
Hello Everyone,I recently had an apartment put up for rent and have been going through the process of looking at potential tenants. I got a lady who came to look at the apartment. She kept on talking about how she lov...
I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...
Hello,
We currently had a tenant move into one of our rentals mid September. We prorated the month of September so they could move in right away and made arrangements for them to pay 1/2 of the security deposit in Se...