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10 December 2024 | 1 reply
We have a lease clause that plumbing issues caused by the tenant that are not the result of a mechanical or material defect in the plumbing material are billed to the tenant.
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13 December 2024 | 35 replies
Have a good lease with "teeth" - late fees for late rent, occupancy rules, pet rules and etc. - and do not violate your own lease by being too easy, or very quickly you will not have any lease at all and your tenant(s) will do whatever they want at your expense.
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9 December 2024 | 16 replies
Every contact I needed for insurance, mortgage and cleaners were done online, mostly through connections from BP.
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11 December 2024 | 2 replies
I've seen rental units get leased with iPhone photos that have good lighting.
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11 December 2024 | 10 replies
While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging.
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10 December 2024 | 8 replies
If they’re month to month you don’t need to evict, just don’t renew their lease.
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10 December 2024 | 6 replies
Both are on the lease.
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10 December 2024 | 6 replies
Higher-risk tenants are inspected at least twice a year.You also need to know what you will do if you find a lease violation or other problem during the inspection.
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12 December 2024 | 20 replies
Would the landlords out there recommend providing extermination service to make tenant happy, or remind her that the home was rodent free at beginning of her lease.
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10 December 2024 | 13 replies
Most importantly right now is getting it leased as it has been vacant so long and will be hard to lease until March.