
8 January 2014 | 6 replies
Any added expense from her blocking you will be deducted from their security deposit.

13 January 2014 | 17 replies
As somebody who self-manages my properties, I put a lot more weight on the location and type of renters I can attract than on maxing out my returns because the returns don't factor in the additional work that is required on the higher return properties.

9 January 2014 | 13 replies
Property is owned in an LLC (single asset entity, formed just for this deal), LLC is the borrower, property AND my interest in the LLC secure the loan.

11 January 2014 | 12 replies
For a single family I know I would want more just to feel secure.

9 January 2014 | 13 replies
You can then sue in small claims for damages in excess of security deposit.

11 January 2015 | 24 replies
Whether that is in securities, real estate or cash holdings, there isn't any way to trick a bank/lender into thinking you have more collateral.

9 January 2014 | 3 replies
As Joe said, pay the realtor their commission, but make their commission payment dependent on you finding/securing a tenant buyer for the property.
24 January 2014 | 15 replies
What do you think about using those to at least secure the property for your down payment, and then pay it off as fast as you can?

27 January 2014 | 18 replies
This prevents things like "the LL said my security deposit would be applied to my last months rent (no your SD is for damages and will be refunded AFTER the last months rent is paid and any repairs are deducted), "the W/D,fridge, stove... are mine not the previous LL's", "I signed for $500/mo rent but the LL said I only had to pay $400 as long as I mow the grass and do the snow removal" ect2) Now you need to know if the LL might have placed higher than market tenants using some sort of a teaser "no SD required" or " free first months rent (but higher than market rent for the remaining lease term)".

14 January 2014 | 5 replies
I should note that the weather was -5 degrees with a wind chill of -20 or -30 degrees....record lows and coldest temperatures in 20+ yearsI have 2 questions:1: I have language that would support holding the tenants accountable for 'accidently' leaving the door they granted access to the utility employee open by not making sure it was properly secured.