Jake Andronico
House hacking at 22 - What I regret...
11 October 2024 | 56 replies
. - Making sure their responsibilities and your responsibilities are clearly defined, giving heads up about workers coming in to do upgrades/maintenance, being proactive about renewals, deposits, strict about the lease agreement (but lenient when it makes sense), etc. has been instrumental. 2.
Mackensie Matze
Should I just pay off a renter and call it a stupid tax?
10 October 2024 | 7 replies
I deducted $250 from her deposit.
Ofir R.
Inspecting a property from afar
11 October 2024 | 13 replies
All our properties currently yield over 6.5% gross return, with a borrowing rate at 6.5% and 20% deposits.
Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
10 October 2024 | 19 replies
@Alexander PhillipsAs long as it’s vacant the day of closing and your inspection - not sure you have a way out of thisIf you walk away you could lose your deposit
Mani Lubana
Memphis TN section 8
7 October 2024 | 4 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
9 October 2024 | 21 replies
Lenders are lining up to provide down payment, “gap” financing, and earnest money deposit financing so that they, with no experience, no capital, and no knowledge can purchase a property they incorrectly analyzed as a good purchase, for “nothing” down.
Huiping S.
How to prepare flood loss for tax return?
4 October 2024 | 8 replies
Quote from @Huiping S.: Lots families were flooded from Hurricane Helene.
Tanya Maslach
Getting an LLC?
8 October 2024 | 10 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
Mei Zhu
things to be aware of when purchasing a unit that has a tenant
7 October 2024 | 2 replies
I would also make sure there is a deposit and lease in place unless you buy vacant.
Nicole S.
Avoid Northpoint Property management in Ohio!
6 October 2024 | 15 replies
It's been over a year of trying to get my tenants deposit back.