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23 February 2024 | 6 replies
Also, it goes without saying that you should consult an attorney; Okay briefly reading over your lease agreement, it's a good agreement but it is very loosely written and does not provide for many remedies prior to eviction so... that is something you should look to improve on moving forward, there should be an escalation of force in as $XX fee until rectafied and THEN otherwise eviction, also you should number your lease clauses.Regarding the current situation first and formost, I understand you live in the property as well but you should certainly take on a 'HANDS OFF' approach in regards to internal disputes amongst Tenants; you are after all a landlord, not the ethics police nor the real police.... if other Tenants have issues such as those they should inform you and then they should contact the police... if it's not police worthy than it is more than likely just internal bickering.
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23 February 2024 | 2 replies
These are usually small things, like a slow leaky toilet, some loose handles in the kitchen, maybe the shower diverter isn't working well (we have very hard water here so its common).While this is rather/sort of embarrassing, I THINK bBy getting them fixed quickly it actually shows that I a landlord that intends to maintain my properties and provide at least a decent place for my tenants to live.To save a bit of money, I change out the locksets on the door myself.
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23 February 2024 | 16 replies
You are not the first to see a "guru" pose alongside an impressive portfolio when really they are loosely involved-- I've even experienced some claiming properties when they are solely the property managers!
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23 February 2024 | 7 replies
So if I wait till the market goes up then I will be loosing 12K per year on the smaller house that I am trying to buy to replace the big one
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23 February 2024 | 3 replies
This is why as @Shawn Mcenteer to be on the safe side to give a full additional months notice to avoid any disputes is great.Eviction laws are strictly enforced - so better to not play loose.
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23 February 2024 | 12 replies
We loose power more often than most so aside from the credits it does help us in storm situations.
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22 February 2024 | 7 replies
This would be nice but I would loose the property, the low interest rate, the buy in to this community and, most of all, the tie to the house.
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27 February 2024 | 2053 replies
Example: $100,000 re-invested capital gains into a OZproperty looses $50,000 in depreciation over 5 yearsis the basis reduced by $50K in year 7?
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22 February 2024 | 9 replies
So with that knowledge in hand, it should be easy to see how fast one can loose there shirt if problems start stacking up.
21 February 2024 | 7 replies
You start loosing some guests to them and then your revenue dips.