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10 November 2024 | 18 replies
If they violate it again, demand they remove the animal or terminate the lease and leave.Assistance animals are not allowed to damage the home, poop in public spaces, run loose, intimidate or attack others, etc.
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6 November 2024 | 54 replies
I have seen the tsunami damage in Thailand in 2004.
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4 November 2024 | 6 replies
All that's due is the security deposit, for you to return as long as no damages to the property.
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4 November 2024 | 10 replies
Insurance protects both you and the lender from potential losses due to damage or liability issues.
2 November 2024 | 8 replies
Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.
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7 November 2024 | 45 replies
This could manifest itself in additional damages and financial losses when they decide they don't want to put up with you any more.Also, Section 8 does require more work setting up, renewing, increasing rent, etc.
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1 November 2024 | 18 replies
When he vacated the property and returned to his home state, he left under hostile circumstances and left significant damage at the house.
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5 November 2024 | 17 replies
Tenant damages for unpaid rent, etc...can be sought in small claims court.I am not seeing lower rents...stable & slightly higher, within normal ranges post pandemic.Norbert Huston
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1 November 2024 | 5 replies
The areas probed still seemed solid, but be aware that some types of wood destroying fungal damage will only be detectable once the wood has properly dried out.
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7 November 2024 | 27 replies
@Connor Thomas see our cut & paste knowledge below:------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?