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Hi everyone,
For condo owners and property investors, one of the biggest challenges is keeping a unit in good condition between tenants while avoiding unnecessary expenses and long vacancies.
Even when a tenant moves out, there are several things to take care of before the next person moves in. These may include deep cleaning, checking plumbing and electrical fi...
For rental property, I would never rely on the rent roll by itself.
I want to compare the rent roll against the actual leases, payment history, security deposits, and any balances or payment arrangements that are outstanding.
A property can look fully occupied on paper and still have collection problems, tenants paying below what the summary shows, or agreements...
Due diligence can make a significant difference in the success of a real estate investment. However, new investors sometimes focus too much on the purchase price and potential returns without fully evaluating the risks.
Before purchasing an investment property or mortgage note, I believe it is important to review the property’s current market value, title history, exis...
Hi all, Kacey here from Birmingham, UK. I work as a property inventory clerk, so my days are move-in reports, move-out inspections and routine visits for landlords and agents. I see the end result of a lot of investing decisions, good and bad. Happy to help with anything around condition reports, deposit disputes or what tenants actually do to a property. Looking forward to l...
One thing I would never skip is verifying the rent roll against the actual leases and payment history.
A spreadsheet can make a building look fully occupied and performing well, but that doesn’t tell you whether everyone is actually paying, how many tenants are behind, what deposits are really being held, or whether there are side agreements that never made it onto the...