
25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.

27 December 2024 | 12 replies
This is a personal choice and depends largely on your risk tolerance level and the current demand for rentals in your area.Vehicle Repossessions: Having a vehicle repossessed is strong indication that a tenant cannot handle their money very well.

25 December 2024 | 12 replies
They will try to run 2 kitchens and that can mean clogged drains in your wet bar kitchen.Be sure there is personal recourse when you need to sue them for $40k in repairs above the deposit.

28 December 2024 | 19 replies
I personally feel that it is a liability people could use as an excuse for an accident they have if they are drunk.

13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.

25 December 2024 | 10 replies
You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.

31 December 2024 | 18 replies
So that helped.I personally wanted to be more conservative as I pretty much reach “the number” that I needed (note that what “I needed” is different from what “I wanted” or what I was expecting by default.)

23 December 2024 | 3 replies
So, any investments are on your personal taxes the same as if the property is owned by you personally.

27 December 2024 | 2 replies
Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement.

3 January 2025 | 8 replies
All lights were green and there was a pileup, leaving behind a mess of twisted metal and broken glass, and a few personal injuries to boot.The syndicator crowd coined the phrase "survive until '25" under the hope that by 2025 interest rates would correct and their deals would be fine.