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29 March 2017 | 3 replies
Make sure you clarify what will happen if they don't fulfill this duty.Here is an example from our rental agreement:1.LANDSCAPING/YARD CARE.Regular landscaping/yard care (mowing, edging, trimming, fertilizer, weed control) will be provided by _______________________.For all Tenants:a.Tenant agrees to keep yards, walkways, patios and decks clear and to keep premises free of junk and debris.b.Tenant accepts liability for all landscape damage and/or replacement of such, if caused by neglect, abuse or lack of water.c.Tenant may plant the beds adjacent to their dwelling to their liking, but only with those plants that are of appropriate size and type for the beds.All plants brought or caused to be brought to the property by Tenant will be cared for by Tenant.d.Tenant agrees not to cut or prune trees, hedges and shrubs.This will be Landlord’s responsibility.e.Tenant agrees to properly dispose of all plant debris and agrees to not leave such on the property.f.Landlord will consider special Tenant requests for planting and removal of plants, shrubbery and trees, but reserves the right to determine the make-up of the landscaping.For Tenants of single family homes only: a.Tenant agrees to mow, water, and keep the grass, lawn, flowers and shrubbery thereon in good order and condition, applying fertilizers and weed retardant as needed. b.If there is a failure of Tenant to keep the landscaping in good order and to follow these guidelines, Landlord reserves the right to hire a landscaping service at Tenant’s expense (after a 10-day notice to perform covenant).c.Landlord reserves the right to restore the landscaping to its initial condition, as it was at the time Tenant began occupancy, or if improved during Tenant’s occupancy, to the level of such improvement.
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28 March 2017 | 13 replies
I don't nickel and dime them if they have fulfilled all obligations of the lease and kept the place in reasonable shape.
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26 April 2017 | 15 replies
Nor is the implied warranty of habitability violated if there are minor housing code violations, which, standing alone, do not affect habitability.92While it is the landlord’s responsibility to install and maintain the inside wiring for one telephone jack, the landlord’s failure to do so probably does not violate the implied warranty of habitability.93Limitations on landlord’s duty to keep the rental unit habitable Even if a rental unit is unliveable because of one of the conditions listed above, a landlord may not be legally required to repair the condition if the tenant has not fulfilled the tenant’s own responsibilities.In addition to generally requiring a tenant to take reasonable care of the rental unit and common areas (see page 23), the law lists specific things that a tenant must do to keep the rental unit liveable.Tenants must do all of the following:• Keep the premises “as clean and sanitary as the condition of the premises permits.”• Use and operate gas, electrical, and plumbing fixtures properly.
3 November 2016 | 6 replies
And many Americans are still dealing with the fallout of the housing crisis and have been forced into the rental market while they repair their credit.But the boon to the rental market is also being marked by a shift in societal attitudes.
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11 June 2017 | 3 replies
Looks like @Michael Sjogren is an active wholesaler in your area so that's one wholesaler.Michael -not sure what fulfillment you use but we have better rates than most of the big guys if you wanna talk offline.
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21 November 2016 | 8 replies
In terms of your old loan you can rent it out as long as you have fulfilled the owner occupancy time requirement, often 6 months or a year.Matt
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6 April 2017 | 37 replies
Obviously, there is an issue if the payment is later returned for is insufficient funds, but as per your current requirements, the tenant did what was necessary to fulfill said requirements.
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10 April 2017 | 3 replies
If there's any owner occupancy requirements (must reside there for 1 full year, etc) be sure to fulfill that obligation but beyond that you should be fine.
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5 November 2022 | 19 replies
We've seen lots of investors achieve FIRE in Metro Detroit, hence the name ;)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.
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17 April 2015 | 17 replies
I hate to break your bubble, but Article 134, Paragraph 60 (Debt, dishonorably failing to pay) does give the commander authority to "command" military personnel under their authority to fulfill their financial commitments.