
5 January 2025 | 4 replies
He is renting the unit and will carry a bit of debt for a couple years but once he is clear of that he will do very well for himself.Park owners want their empty spaces filled.

8 January 2025 | 9 replies
I would send a lease violation notice that advises the tenant that they have violated the no smoking provision of the lease and that it needs to be cured immediately - to include complying (not smoking) and remove any odor/damage that may have resulted.

6 January 2025 | 25 replies
I think it would be financial suicide to give up a 500k a year job that you know how to do and is secure to launch into thinking your going to replace it with rental income.. unless your sitting on 5 mil plus in cash with no debt.

7 January 2025 | 16 replies
Quote from @Martin Streich: If it is in the middle of the contract term, you either have to terminate it and rewrite a contract, including the other tenant or wait until the contract is done and add the new tenant to the contract on the next lease.

5 January 2025 | 7 replies
Flatline population growth is a sign of a poorly managed state and large or soon to be large, government debts (e.g., Illinois).

13 January 2025 | 23 replies
Heck, I had a pool replastered for $3,700 including chemicals/setup.

10 January 2025 | 12 replies
My cost basis for my properties are consistently off from my tax returns because Stessa will include everything in the basis even though it shouldn't be.

2 January 2025 | 18 replies
If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.

17 January 2025 | 37 replies
It included my real name, our real home address, and what was probably a Google voice number.

9 January 2025 | 20 replies
Still, considering how difficult it is to find a good real estate focused accountant, limiting your search to local providers usually gives you too few options.Expand your search to include remote CPAs.