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14 April 2019 | 11 replies
HI Scott,If it were me (since there is no clear cut culprit, and it's not worth T-ing off a possible innocent tenant with a bill),I would simply warn them both verbally (door knocking), not to do this, and say it cost X to fix it, and say if it happens again you will bill them for it (although you don't have to follow through on this).
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23 April 2019 | 7 replies
College into first job is viewed differently than someone who simply wasn't working or attending college from 18 years old - 22 years old.
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13 April 2019 | 8 replies
My questions is simply this.
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1 August 2019 | 13 replies
Who wants all of this, when you can establish a registered business and build business lines of credit saving your personal credit from damage and lack of future funding.
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15 April 2019 | 7 replies
Thanks for the info & sharing the links.I've 2 investment properties in fort worth Texas but due to higher property taxes & lack of MFH in this area - I'm exploring other cities.
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19 April 2019 | 68 replies
I simply warn people about shady turn key operators, which we both know exists in this industry.
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16 April 2019 | 4 replies
Yes, the debt is what I am leaning towards simply because the property isn't so big that I need a partner to secure a loan.
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14 April 2019 | 15 replies
If their communication skills are lacking then they do not have your best interest in mind and will not work in your favor, but rather for their own income.
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15 April 2019 | 11 replies
So here's the ultimate conundrum:- sometimes I pick a few benchmark properties in my target area and track them to see how they're performing, BUT... you never know which dates are true revenue dates and which are simply the owner blocking the unit for their use!
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15 April 2019 | 7 replies
You have a duty to be efficient, otherwise he could claim that it took 73+ days to rent simply because you dragged your feet after receiving his move out notice.Read your own lease, and if the tenant is required by your lease to cover the costs, I would inform the tenant, also in writing, that you "accept the offer of 2 months rent, in advance, as escrow for breach", and that "tenant shall be responsible for any additional re-rental costs; tenant shall receive a pro-rated refund if the unit is re-rented in less than 2 months."