Nikki Yankowski
North Alabama Snap Shot
28 December 2021 | 5 replies
Pre-Sale contracts can allow a buyer to build a year's worth of equity with just $500 earnest deposit.
Chris Walters
Late Rent from Tenant
16 January 2022 | 5 replies
(Ended up eating about 6o days of no paid rent so really not that bad after the security deposit.)
Al Smith
Deposit return an letter
23 November 2021 | 8 replies
[to receive certified deposit list an estimated/ deductions for them ] but wanted to know.
Dante Pirouz
Can I charge potential tenant w/judgments an extra monthly fee?
22 November 2021 | 2 replies
Some landlords would either request a double security deposit (if allowed in your state) or jack up the rent to take someone with a history of past court judgments...as well as providing only a month to month lease to be able to get her out quicker than an eviction should she go back to her previous habits.
Isaiah J Aragon
How do YOU Screen for your Markets (specifically out of state)
8 December 2021 | 14 replies
Those are areas that, if they match with good data, are your target markets because you either have more personal knowledge of the area or have real boots on the ground who you trust already.
Jimmy Jefferson
Let tenant pay for a full year at once?
3 January 2022 | 24 replies
If you accept it be sure to put it in your escrow account with your deposits and only take rent out each month as it is due.
Josh Corby
Rental Property Expenses
26 November 2021 | 6 replies
Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).Stated another way, the 50% rule, which is generally considered to be fairly close to actual expenses, states that …50% of your gross rents will be taken up by expenses, such as property tax insurance vacancy property management maintenance capital repairs legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.
Jason Malabute
How to Partner Up With People
24 November 2021 | 4 replies
Therefore, you would need to make sure their personality, vision, and goals match with yours. right?
Jorge Magana
yet another commercial laundry contract to get out of, HELP!
22 November 2021 | 3 replies
Giving them right of refusal to match competing offers, renewals for 21 years, and if you break it they are allowed to collect 75% of gross revenues (they only get 50% now) for the remainder of the lease and that 21 years of renewals.
Amanda Thompson
1 roommate breaking lease, new 1 moving in. Write new lease?
24 November 2021 | 3 replies
Also, should I require additional deposit from the new roommate?