28 February 2020 | 10 replies
They are not wanting these on Loopnet, but I think I am going to just try to get them to allow me to post there at least as that seems to be the common thread.
28 February 2020 | 9 replies
This might “expose their potential violation of their lease with the landlord, if they forbid extended stays by overnight guests who are not listed on the lease.The most common scenario highlighting this pitfall happens when a family member or friend allows another family member or friend to move in with him or her, sometimes accepting rent or help with paying utility bills, sometimes not, and the family member or friend who has moved in either stops contributing financially or refuses to move out in the time period agreed upon.
26 February 2020 | 3 replies
A lot can go wrong with a flip, and $900 is not a very large margin for error.
28 February 2020 | 8 replies
Unlimited 24/7 Tenant Communication4 Home Wellness Checks per year4 HVAC Filter Changes per year4 Smoke Detector Tests per year4 Exterior Property Inspections per year1 Roof Inspection per year1 HVAC Tune-up per year2 Professional Common Area Cleaning100% Free ACH DepositsEvery ACH bank transfer in or out of your account is 100% free.
27 February 2020 | 5 replies
@Natalie KolodijAccording to the bigger pockets official write up, you can depreciate common areas if shared equally.
9 March 2020 | 14 replies
You should also have a condition permitting you to collect estoppels from the tenants and use the information collected to verify the leases and financial information reported by the Vendor.4) When it comes to Earnest Money (more commonly called simply a Deposit here), you should consider a minimum of 5% - 10%.
26 February 2020 | 0 replies
(Single Family Home)Multi-Family Units & CondosCommercial Units Value-Add properties commonly require a major upgrade or repair, that once completed would increase its Value and/or Rental Income.
1 March 2020 | 15 replies
The owners and managers deny they discriminated against families with children but agreed to resolve the matter through the Conciliation Agreement.Under the terms of the agreement, the owners and property managers will pay IFHMB $10,000, abolish any two-person-per-bedroom policy, remove language regarding the two-person-per-bedroom policy from advertising and marketing materials, and have property managers and staff that interact with applicants and tenants attend fair housing training.In sanctuary cities it's common to have 12 to 20 immigrants living in very small rental houses.
28 February 2020 | 4 replies
I wonder how common it is.