Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out one of these letters but then started [...]
In previous articles we have addressed time and again that the importance of knowing how evaluating potential investment properties is the key to success in this business. For example, knowing what a property will be worth once you’re finished with the rehab (ARV) is essential, along with knowing the cost of repairs, closing costs as [...]
Zillow announced Thursday it is expanding its home buying/selling program to new markets this year. Zillow will begin buying and selling homes through its Zillow Offers program in five new markets in 2019: Miami, Minneapolis-St.Paul, Nashville, Orlando and Portland. Sellers in these markets can request cash offers from Zillow to buy their home. Zillow announced [...]
So you have begrudgingly paid hundreds of dollars for a title policy… Now what? In the investor world, one of the most frequently asked questions I get is “Do I need this?”. I always say yes and here is why: I could tell you lots of horror stories about lenders and buyers who did not [...]
What information can you ask for, and what information should the old landlord provide? In the rental industry, it has become common practice that when landlords qualify potential applicants, they send out rental verification forms to previous landlords. This is a good way to get some insight into how the applicant will be as a [...]
Whether its due to an influx of assisted animals or because landlords are becoming more pet-friendly, anecdotally, we have seen an increase in the number of animals in rentals. As a result, we are seeing an increase in incidents involving dog bites and attacks. In Arizona, the owner of a dog is strictly liable for [...]
