Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
For MOST counties the time period is at least 3 days notice required (for your tenant to comply).
Dave Gabruk
Planning a Home Renovation? Think Beyond Design!
28 January 2025 | 1 reply
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
Casson Coward
What is the best area for starting out
28 January 2025 | 1 reply
**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.
Jessica Young
HOA votes to bylaws change bans smoking but a renters' lease
29 January 2025 | 4 replies
Let's cut to the chase: "A tenant is obligated to follow HOA rules, as they are considered residents of the community and must abide by the same restrictions as homeowners, even though they do not own the property; the landlord is responsible for ensuring their tenants understand and comply with the HOA rules.
Ryan Brown
Impact noise from upstairs apartment
29 January 2025 | 2 replies
Your lease probably specifies the residents must comply with "quiet enjoyment" of the property.
David Ritz
What should I do to get rid of my tenant?
21 January 2025 | 2 replies
I've told a tenant to get out in five days, and they've complied.
Andrew Slezak
Opportunity zone investing
17 January 2025 | 2 replies
For existing properties, you must make substantial improvements (equal to the property’s value, excluding land) within 30 months.Ensure the duplex qualifies as an OZ investment and complies with QOF rules.
Luis Acosta
Rental lease agreement
10 January 2025 | 4 replies
They often provide standardized lease agreements that comply with state and local laws.Additionally, many landlords use platforms like Avail, Zillow Rental Manager, or TurboTenant, which often include customizable lease templates that are state-specific.