Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
6 January 2025 | 8 replies
Wake Forest and Garner are coming around, a little tighter and less streamlined.
William Vreeland
Section 8 Indianapolis
21 December 2024 | 6 replies
Investors normally get there payments on time, most of the tenants stay for long periods of time because if they move it is a hassle for them, and since section 8 requires that the property stay in certain condition it will help keep the maintenance costs down.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
14 January 2025 | 15 replies
Very normal.
Makan A Tabrizi
Nail/Screw Holes in Walls
19 January 2025 | 38 replies
Normal wear and tear would be a few small nail holes for hanging artwork, a clock, etc.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
Ensure you have an itemized invoice from the cleaner, which can help justify the deduction.Reasonable Deductions: Long-term tenants often leave normal wear and tear, so I recommend being lenient on minor issues.
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
If the economy takes a downturn, you could wake up to a very uncomfortable email from your lender restricting your access to credit from the HELOC at a time where you might need it the most.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
13 January 2025 | 1 reply
For last three years I had good occupancy, now seeing a slowdown - not sure if it is a market shift or just normalizing from the Pandemic.
Simon Walker
Where to take the journey?
12 January 2025 | 7 replies
My goal is 25 doors in 5 years, my struggle right now is deciding to either go back to work and save up money to continue or come up with a way to leverage financing to stay afloat myself and stick with it, waking up everyday 100% dedicated to my real estate.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
Pay for your own painting and make them pay normal rent.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.