
16 May 2024 | 24 replies
I found key input errors on two deposits which created over $20K additional income that wasn't caught.

15 May 2024 | 6 replies
However since this is a very large yard their deposit will not cover the amount that would be required to bring the front and back yard to the same condition before they moved in.

16 May 2024 | 9 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

15 May 2024 | 9 replies
If I'm reading that correctly, it means if you back out then there is a fee that is likely coming out of your deposit.

16 May 2024 | 14 replies
Sounds like you might need to do a 12 month bank statement program and use the rental income deposits as qualifying income.

16 May 2024 | 10 replies
According to the Fair Housing Act and the Americans with Disabilities Act:Even if a landlord has a no pet policy in place, the law does not consider service animals as pets and therefore the service animal is exempt from such a restriction.Service animals are allowed anywhere a person would go, including food areas that would normally restrict an animal’s presence.Landlords cannot charge a pet deposit or pet fee for service animals, however the tenant is liable for any damage that the service animal may cause.Landlords can require written verification from the tenant’s health care provider that they are disabled but cannot ask for any specifics about the disability.Landlords can require written verification from the tenant’s health care provider that the service animal is needed.Landlords can request copies of the animal’s health records to prove the animal is in good health, parasite-free and immunized/vaccinated.Landlords can write warnings or even evict a tenant with a service animal if the animal is disturbing others, posing a threat to others or causing considerable damage to the property.In other words, you can ask for appropriate paperwork concerning the tenant’s need for the service animal and to verify the animal’s health.

15 May 2024 | 2 replies
Do they charge the tenant an extra security deposit?

15 May 2024 | 6 replies
Pros: - Easier to switch out students - Cash flow still coming in - More flexible overall - Potentially higher deposits if on separate leases Cons: - Potentially more incentive to move out early- More paperwork, signatures, leases, etc.

14 May 2024 | 2 replies
I ask this, because it seems like there are endless ways you can upgrade property, but not everything directly adds value to investment.

16 May 2024 | 13 replies
😜)Sometimes the money I bring may be enough to buy the whole place, sometimes it will be the deposit, but in either situation it makes it real.Second issue, Fear.The biggest fear I always encounter is the fear that the debt owed against the estate will somehow attach to him/her personally.I find articles from attorneys that most closely meet their situation and while explaining to them that, “unless they personally signed for the debt, they will never personally responsible for the debt.”