Jeff Small
New str not ready to rent yet
25 April 2018 | 9 replies
With my second and third properties I posted the realtor listing photos and noted that new furniture/photos would be in place by the time any guests arrived (both were sold to me furnished).
Sam Leon
Repair or Replace items damaged by tenant's pet?
2 May 2015 | 12 replies
Tenant sworn dog was trained and well behaved and on day 2 of the pet's arrival we have damages to the front door and one interior door (as well as some furniture damages but those are not mine).So I am trying to decide how to go about deciding whether to replace an item or repair an item.For example, this is the corner of an interior hollow core door, the entire corner has been chewed out.
Rich Schmidt
Abandonment clause in lease... Is it legit? Have you used it?
28 April 2015 | 3 replies
I'd like to just move all his left-behind furniture into the basement for him to get later and rent the place out to someone new.
Steve T.
BedBuggs!
22 April 2015 | 4 replies
Or the tenant might have brought in some "new to them" furniture that contained the bedbugs.
James Wilcox
My tenants just got up and left. Now what?
25 April 2015 | 20 replies
I have had that happen to me.I just texted and called a bunch of times to see if they had moved out since all their furniture and everything else was gone.
Maurice Davis
My tentant's father just called me to tell me his son is missing and he wants to break the lease?
28 March 2015 | 63 replies
She said there wasn't much stuff whic I agreed because I visited him a couple of months ago to do a routine check up on the condo and found out he had no furniture and sleeping on a air mattress.
Matt Faix
Hit and run at duplex
20 April 2015 | 17 replies
My insurance definitely paid for the damage to both houses, no actual damage to the property but I think one of the cinder-blocks smashed an A/C unit, and another damaged and awning and lawn furniture next door.
Jeff Hink
Weekly Rentals Analysis?
31 March 2015 | 4 replies
This is what we use: Purchase price = ADownpayment plus closing costs, furniture, linens, supplies to get going = BYearly Utilities, taxes, mortgage payment, insurance, housekeeping, replacement furnishings and supplies, maintenance and repairs = CYearly Projected Gross Income = DEquity = ED needs to equal or be greater than (B x 10%) + (C x 10%)If A appreciates in time, that's a bonus, but not expected The longer we own it, the more E we have (not sure how to calculate this), also a bonusOur time is a factor that needs to be considered, it is not passive income, it's active.
Keith N.
Tenant Wiring
8 March 2017 | 8 replies
I discovered it when I went over there for routine maintenance, and told them that it was:A) Against their lease to modify the property without my written consent.B) Illegal to put a bedroom in the basement (insufficient methods of egress).C) A bad idea, because the basement gets damp with heavy rains.D) Improperly wired.I read them the part in the lease that they had verbally agreed to and signed, told them not to try that again, and they agreed to undo their electric work and remove the furniture from the basement.
Kelly G.
Tenant security deposits and unpaid utilities
3 April 2015 | 15 replies
In CA you can only deduct for rent, damage, cleaning or personal property (like keys or furniture):http://www.dca.ca.gov/publications/landlordbook/se...You also can't have a separate deposit for utilities.