As mentioned in a few BiggerPockets podcasts that were recently released, this rule is a simple guideline to help you quickly gauge a potential deal.Here's a breakdown of the key takeaways from those discussions:- The 1% rule is a starting point.

I know escrow wont release unless both parties sign. 

Be strict on that and keep the late fees starting 1 day after and make sure you are making her aware of needing to find another place if there is a trend of extending rent even more from the 15th.  

You make a great point about the balance between owner control and giving managers room to do their job The market now is very different than the 2021 boom and holding onto those expectations can definitely lead to longer vacancies and weaker returns In Maryland especially with higher property taxes and compliance costs you cannot afford extended downtime Many investors I know are adjusting by being more flexible on rental pricing improving property condition to stand out and leaning into strong tenant screening while still moving quickly Clear communication between owner and manager with agreed decision guidelines also helps speed things up without losing trust

That's why we offer a unique product: transactional funding that lasts up to two weeks.This extended timeframe protects you from common issues that can derail a deal, like last-minute delays or unexpected snags.

You may need a commercial liability policy or a product like Proper to extend liability coverage off-premise. 

Recently, the city released updated plans, and my building is no longer on the chopping block.

Is there a partial release allowed on your portfolio loan?

looking to extend my real estate network and skills, and also help others who need it.Are you kin to Dennis?

I always add a clause to my PSA contracts saying that I have the right to extend the date of closing by 30 days if I put an additional 1% Earnest Money Deposit into escrow.