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13 June 2014 | 6 replies
If your state treats all of this as one company you may be paying more in taxes by selecting the structure.
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17 April 2014 | 13 replies
Also not charging her for the 2 hours it took to sand down and re-treat the cedar walls where the teenagers were writing on it with marker and ballpoint pens, or sanding the wall where they had made a booger collection (art installation?
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23 April 2014 | 19 replies
Pet owners spend thousands of dollars on vet bills, obedience school, treats, clothes, toys, etc. for their pets, so requiring a pet deposit has never raised an eyebrow.
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17 April 2014 | 7 replies
In fact, no moving of stuff is taking place at the moment - only working on cars.Needless to say, we feel taken advantage of (we though we were helping someone by giving extra time to move and in reality, they are treating it like "their property" (words they have used verbatim)), but the real concern is that they will not move when they agreed.We want to make sure we are above board when we start moving their stuff (provided they do not surprise us and do it themselves in a timely manner).
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28 June 2014 | 6 replies
*Longer tenant occupancy (mine is on their 3rd year)*Tenant is responsible for lawn/snow removal*Tenant treats a SFH as a home, and generally takes better care of it*financing can be easier*Broader pool of buyers when planning your exit strategy (First time home buyers, investors, corp housing, etc)*overall less maintenance (Depends on condition but less units to repair during turnover)*less taxes (Depending on area)*tenant pays all utilities (Water, gas, electric)These are just some things to think about, and based on what my SFH does.
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19 April 2014 | 13 replies
Treat them like gold, they are as area issues, if any will likely go away.In the PHA, we put some officers in as tenants and in such arrangements, it was a very successful arrangement.
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21 April 2014 | 12 replies
When local occupancy codes are enforced, they are treated as illegal duplexes.
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23 April 2014 | 2 replies
Ensure that market rent for your area is what you will need to charge to turn a profit, find a good tenant (BP got us a discount for Transunion Smart Move, an excellent background check), use a solid lease (see Mark Warda's books on Landlording in Florida), and then treat them right by responding to issues promptly but otherwise leaving them to quiet enjoyment of the home.
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29 April 2014 | 7 replies
I treated the subfloor with Kilz before installation.
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29 April 2014 | 9 replies
I know they come with pretty good references, and this is Texas, so if they are deadbeats, you can quickly evict them, but going forward, treat the renting of your home as a business and qualify, qualify, qualify everyone that may want to live there.