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27 March 2020 | 4 replies
Also the previous owner did not collect security deposits on the 2 oldest leases.
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25 September 2020 | 3 replies
Usually, only heating oil USTs associated with commercial properties are regulated. thus, most home heating oil tanks may and often are taken out of service without any oversight from state regulators.Second- the rules that are in effect for heating oil tanks are usually less stringent than for diesel or gasoline tanks since heating oil tends to thicker and may not migrate as far. as a result, many states just require tanks to be cleaned out. they may also require the tanks to be filled with sand or concrete to prevent collapse. but sampling may not be required.Third- the key to determining if a tank has leaked is to collect soil samples from around and beneath the tank (groundwater also if groundwater is shallow). another quick way to see if a tank is leaking is to "dip" it with a stick that has a paste that turns color in the presence of water. generally, if water has gotten into a tank, it can mean oil has leaked out of the tank (although a certain amount of condensation may be present even where there is no leak so this is not a infallible test).Fourth- if there is currently a tank in the basement, ask the owner if there used to be a buried tank (a/k/a underground storage tank).Fifth, If the tank has impacted the soil, the cleanup generally varies from $25K to $50K though the costs will depend ont he depth of the contamination. i once had a home with a heated pool that had pressurized piping and used diesel. the contamination went down 40 feet and the consultant went crazy excavating the soil to the tune of $400K!!!
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27 March 2020 | 33 replies
For new investors looking for an easy way to get into online rent collection and simple property management software you can't go wrong with Cozy.
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25 March 2020 | 1 reply
So I thought it would be fun and valuable to have a collection of ideas for what changes in real estate "usual procedure" will be once the corona epidemic passes.
25 March 2020 | 5 replies
What next steps would you take to get this tenants attention and collect rent aside from showing up at the property to collect rent?
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25 March 2020 | 0 replies
It went to the sale as planned and now I have $3,900 in overage I need help collecting.
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26 March 2020 | 3 replies
I'm considering stopping the trash collection service.
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11 September 2020 | 328 replies
I hope and expect to collect on most of any LTR deferred rent.
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28 September 2020 | 34 replies
Instead of traditional cash deposit that we collect prior to move in we have an insurance company create a policy in the amount we choose.
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26 March 2020 | 3 replies
*Any late fees collected stays w agent.