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24 January 2025 | 0 replies
Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.
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13 January 2025 | 16 replies
Aircover is a mild form of property damage insurance where they MAY cover a guest's damage at their discretion, and you will have to fight for it.
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22 January 2025 | 203 replies
We decided hurricane lane FL was a great place to build metropolis and than cry every time it's damaged.
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27 January 2025 | 6 replies
Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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6 February 2025 | 13 replies
Infrastructure (eg water, sewer, electrical supply to the house) should be the landowners' responsibility.
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17 January 2025 | 14 replies
Don't forget to change all your faucet aerators and shower heads to low flow it makes a huge difference as well as far as water usage and saving HOT water.
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4 February 2025 | 2 replies
While you may be willing to live without heat/ac or hot water for a week.
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30 January 2025 | 2 replies
Without solid knowledge on this subject, you can easily end up in hot water.
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4 February 2025 | 0 replies
The interior was made up of high efficiency HVAC systems, contemporary lighting, and electric water heaters.
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7 February 2025 | 12 replies
Also think about what can be damaged (tenants generally don't take care of the place as well as you would).