how do I compute "vacancy & collection percentage" for rental property?
355691
If I am understating your question, most lender will calculate 75% of rental income for qualifying purposes.
662089
usually a apartment only looks at poast rental history unless your completly dreogatory in every open account.\n\nbut its a personal thign based on thier discretion you can have a 720 and they still may not like something on your report. (no industry standard)
1071306
My comps are showing between 109-118k. Nice lot size by the way!!
924382
If you are ready to pay, just type "property title search" in Google and you'll get tens of links\n(e.g., http://www.Intelius.com will give you reports for about $15).\n\nThe following link gives you hints, how you can get this info for free:\nhttp://genealogy.about.com/library/weekly/aa070802c.htm
247700
Try some of the links on http://www.hud.gov/local/index.cfm?state=nj&topic=renting
870068
Check the wording of your rental agreement carefully. A reputable landlord (are there any?) would not charge or hold back on your deposit for things considered "fair wear and tear".  It sounds like your landlord is trying it on, assuming your description of the problem is fair and accurate.\n\nIf you are a student talk to the housing officer at your university/college. If you are a private renter contact the letting agency you got the property from.\n\nIf you didn't go through a letting agent then contact your local citizens advice bureau.
559801
No but a good and comprehensive site with a range of budgets is Holidayrentals.com. We've used them in the past and found them very good. In the end you are dealing with individual owners though. Good luck
923798
You shouldn't, but call your agent to make certain.\n\nDo you have rental reimbursement on your policy?  It's inexpensive and worth it when you need it.
1155137
Here is a number for you , it is for  the departmentof housing and urban development . 1 800 347-3739 . you should be able to find your answers here or they will be able to guild you in the right direction . All Renters have rights  and these people will be able to help you . There is also another way of going about this by calling an attoney  and getting that first conaltation  to see if you have a case . and if yoiu do most of them will take your case and take a percentage out after you won . good luck to you
851696
I know I am not answering your question, but I do not know a place to send you for the information you are looking for.  I am a Landlord of 23 properties in Florida and I can answer specific questions you may have, to a limit.  Insurance you need to have homeowners Insurance and tell your agent that the house will be a rental, that way you are not paying for all items in the house, unless of course you are renting a furnished unit.  I have no special account, all the monies go into my personal account and all repairs come out of my personal account.  You will pay tax on the profit you make, I am not an accountant so I don't know what your tax implications would be, an accountant can answer that for you.  If you have any other questions please feel free to add details post another question or you can email me through Yahoo Answers.  Good Luck KG
857497
You may minus mortgage interest and any other expense (except for cost for major improvement) form your total rental income and report it as either gain/loss. Unless you have a tax program it is rather time consuming to calculate. Also to take advantage of tax deduction, you may depreciate your house, which takes another form. I have my HR block tax professional do the form and it saves time and definitely worth it. The loss from my rental house offset my adjusted gross income by thousands of dollars every year.
991392
Have you tried www.mrlandlord.com? They have all kinds of downloadable forms, as well as a calculator that tells whether or not a prospective tenant can really afford your rent. Good luck.
370382
There's an excellent book on Landlording by Leigh Robinson. Get it worth every penny. The link below has rental agreements too. But get the book, very very useful.
1063171
A copy of the lease contract between lessor (you) and lessee (tenant) is what the lender is going to want to see in order to qualify you for the loan. Multiply the monthly rent x .75 and subtract the mortgage payment on the property. They will also want to see a utility bill in the tenants name to verify it is really rented out and you aren't trying to buy another rental property. \n\nTake all other expenses and add the differnce from above. Divide your total (gross) income and if you get above .45 you may have problems getting approved for a full doc loan.\n\nFYI... there is no way of verifying that the amount you PUT on the lease contract is truly the amount of rent that is being collected. Even in cases where you are using tax returns to document income, you could have upped the rent since the previous years taxes where filed. In no way am I telling you to create fraudulant documents, that would just be wrong...
109881
http://www.esmartpayroll.com/Search.asp?tab=2&q=Withholding+Calculator+North+Carolina&c=1  ????
174343
Call the landlord or property manager.
351298
check with your county's appraisal district.  They maintain that kind of information.