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Finding the Perfect Multifamily Property

American Apartment Owners Association

Review financial statements The seller should provide you with detailed financial information, including income and expense records, to verify the property’s profitability.The cap rate (net operating income divided by purchase price) evaluates the yield of a property over one year.

Property 200
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Landlords: What To Do When ICE Arrives At Your Rental

Rental Housing Journal

Here are 4 things landlords should consider with ICE (Immigration and Customers Enforcement) comes to your rental property from an Arizona landlord-tenant attorney. By Denise Holliday What are landlords supposed to do if and when ICE (Immigrations and Customs Enforcement) arrives at your rental property?

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Real Estate Title Claim Dispute Toolkit

American Apartment Owners Association

The deed has much useful information. The prelim contains a list of title exceptions and exclusions, informational notes on such items as property taxes, and a parcel map. The prelim can provide useful information on items that may be able to be removed from your title profile without litigation. The Title Players #1.

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Everything You Know About Money is Wrong: Insights from Real Estate Attorney Mauricio Rauld

SparkRental

The Big Picture on Insights from Real Estate Attorney Mauricio Rauld: Prioritizing investment over excessive spending can accelerate wealth building, as seen in Jim Rohns 90% investment strategy and Grant Cardones 50/50 rule. We make no representations or warranties about the accuracy or reliability of the information provided.

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How To Handle Ugly Feud Between Two Sets of Tenants?

Rental Housing Journal

A feud between tenants is no fun so how best to handle it is the question this week for Ask Landlord Hank. Remember Hank is not an attorney and he is not offering legal advice. Dear Landlord Hank: How do we handle an ongoing, ugly feud between the two sets of tenants in our duplex? He provides answers each week to landlords.

Tenant 98
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Importance Of Power Of Attorney When You Own Rentals

Rental Housing Journal

Whether you own one or multiple rental properties, a power of attorney is a key component in your estate planning portfolio. Stromberg Warren Allen LLP Power of Attorney in General A Power of Attorney takes effect on its execution date, remains in effect if you become incompetent and financially incapable, and expires when you pass away.

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The Importance of an Accurate Rental Application

American Apartment Owners Association

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. It will help landlords and property managers make informed decisions about who to rent to. A comprehensive application to rent will ask the applicant for the following information.