Hello everyone
I have been investing in multi family rentals for few years now. One of my properties is zoned for higher number of units than the existing duplex. I have just started initial plans and would like our ...
Hello closing on a private lending deal. I want to make sure I understand the procedure and fees. Is it correct that I draft a final payoff letter, have that signed by myself and the borrower?Next, I have the borrower...
i just read up on this today by a guy with one one those "get rich over night" packages that every investor in the country offers now. Anyway, he was saying how you can talk the lender down before it is in foreclosur...
What are the Abandonment Procedures?We had a tenant move out and sent a text saying she moved out after we contacted her with Pay or Quit for the month of October's rent. She still has the keys, but verified she has m...
Hey community, I want to know about contracts. Does anyone know what should be done after a purchase agreement is signed by the seller? Do I take the contract to an attorney or do I enter it into escrow with a title c...
Does anyone have a Standard Operating Procedure they use when one of your rental units goes vacant? Primarily looking for something that lists the action steps (i.e.-Schedule needed maintenance, take pictures, order l...
Ive listened to "the book on managing rental properties" by brandon turner. in the book, in podcasts, it is repeatedly stated to form a process or procedure for every aspect of your business. ive decided to begin putt...
I have rented before and used screening service called TVS, Tenant Verification Service to pull credit, rental and criminal reports.I have not pulled a report in a while and they have apparently changed the way they o...
Does anyone have a good "operating procedures" for new tenants? Like a standard 1 page list of do's and don'ts, contact info, payment procedures, late fee info, etc. This would be a quick "read" that is beyond the re...
Hi BP!I'm in the process of writing down my official property management policy and procedures. Does anyone else do this? Is anyone willing to share theirs, or know of any good templates to use?My thought process be...