Archive for November 11th, 2007
Hiring a Property Management Company
Sunday, November 11th, 2007Hiring a property management company to professionally manage your property, then you’ll need to know what to look for so you hire the best. Not all property management companies are created equal.
I’ve compiled a list of questions I ask when I’m hiring a property management company. Believe it [...]
The Due Diligence Checklist for Real Estate Rental
Sunday, November 11th, 2007A. The File Audit
Purpose: To verify the actual potential income calculation.
Look for:
A signed rental agreement on every unit to ensure you has binding contracts.
Monthly rental rates from the rent roll that match the numbers used in your offer.
Security deposits that match the amounts reported to the escrow agent. They belong [...]