Real estate agents are usually not also licensed contractors who can provide that information, so unless yours is, he should not be stating everything is in good working condition unless he can provide you with a professional report supporting that.

(i) Tenant is responsible for all damage caused by smoking including, but not limited to stains, burns, odors and removal ofdebris; (ii) Tenant acknowledges that in order to remove odor caused by smoking, Housing Provider may need to replacecarpet and drapes and paint the entire premises regardless of when these items were last cleaned, replaced or repainted.Such actions and other necessary steps will impact the return of any security deposit.B.

Knowing how much you can afford, knowing your market’s strengths and opportunities, increasing knowledge on financial matters are all important steps worth taking when planning ahead through assessments.In planning for retirement, through real estate investment, you can capitalize on it as a resource adding extra passive earnings, protecting the existing wealth, and expanding the investment base.

I also provide an emergency line so they can reach us if they require an immediate response.

They’ll provide more value.

My plan is to self-manage the property and rent it out by the room, and I believe your expertise could provide invaluable insights to help me navigate this venture successfully.Specifically, I'm seeking advice on the following areas:Property Management Software: I'd appreciate recommendations for property management software that would streamline my operations and help me stay organized.Bookkeeping: Could you provide guidance on best practices for bookkeeping in rental property management?

After hearing that I definitely got excited and started counting chickens before they hatched, as 1800-2000 extra dollars a month would super charge my cash flow.

Occasionally you can achieve cap rate compression for growth or the building comes with extra land for some value add but that's not a given.

And your lender didn't provide you with a closing cost estimate?

WA State law (RCW 59.18.257) requires that landlords provide prospective tenants with written, qualifying criteria prior to obtaining any information about a prospective tenant, including what types of information will be accessed to conduct the tenant screening and what criteria may result in denial of the application.This does not need to be in an Ad (Vasudev Kirs ), but does need to be stated when someone applies, before filling out the information.