27 June 2020 | 11 replies
Any balances due, tenants with late payments still dueIdentify any existing evictions in progressCertificate of Occupancy from the City of LA9a Property Report Natural Hazards Disclosure Statement Copies of all current insurance policies and insurance company contact infoLoss run from the insurance carrier (my insurance broker requires this from seller)Copies of ad valorem tax statements covering the Property for the last twelve (12) months, if anyCopies of electric bills for last 12 monthsCopies of gas bills for last 12 monthsCopies of water and sewer bill for the last 12 monthsCopies of trash bills for the last 12 monthsCopies of any vendor service contracts (common ones include landscaping, interior cleaning, laundry, fire alarm monitoring, and pest control) Copies of any environmental studies affecting the property, if any.A list of anything that will not convey with property (common items include laundry machines and appliances owned by seller)Copy of current management agreementCopies of all existing surveys of the Property, if any.Copies of all warranties for appliances, equipment, utilities, roof, paving, pool, etc., if any.Copies of the last three years’ profit and loss statementsList of all capital expenditures in the last 3 yearsDate of systems updates, if known (plumbing, electric, roof, HVAC) Preliminary Title ReportCopies of the most recent title insurance policies, if any.
29 March 2020 | 12 replies
With federal cutting the rates to zero, what to expect on high balance mortgages (loan amount above 500k since its pretty common in bay area). what interest rate to expect to refinance and new home mortgages ?
7 April 2020 | 9 replies
It's important to remember office leases are completely different than residential leases, and a 6% commission across the board is not as common as you'd think.
19 March 2020 | 11 replies
This is a common insurance tactic: low quotes for year 1, then 10-20% yearly rate hikes thereafter.Taxes....again this seems low.
20 March 2020 | 1 reply
Below are our most common objections and objection handlers:Buyers: I'm afraid the market will crash again/I don't know what is going to happen in the market.Mr.
20 March 2020 | 8 replies
@Tosha Revere you're making the common mistake of thinking her feelings are more important than yours.
20 March 2020 | 4 replies
Less than 6 months is more common than you think.
20 March 2020 | 6 replies
If this is common in your area, then there might be a very simple solution.
28 March 2020 | 9 replies
This is actually pretty common in the apartment industry and some apartments will even give you, as the renter, the option to pay the rent until they re-rent it or pay a fee and not have to worry about them re-renting.
23 March 2020 | 4 replies
I have an insurance policy (in my LLC name) for each property.I was wondering if this is common, or is it better to have one Umbrella-type policy that includes all the properties, so insteadt of having to get a new house added to my existing policy, I would be able to just add a new house to an "umbrella policy"Thanks!