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5 June 2020 | 7 replies
These "come with the package" and are part of the deal; I do not get directly compensated for that time investment.However, when you are repairing something that a tenant broke due to abuse, or cleaning their vacant unit because they did not clean it as stipulated in our signed contract, That does not make any sense.From a tax standpoint, that revenue I receive by doing it myself (and charging the tenant for my time) is taxable revenue, so I don't see where it is "double dipping" (which is what I think the courts sometimes claim).I have so fat avoided this issue by having the tenants sign a "move out charge sheet" that itemizes estimates on damages/repairs made (I apologize for the formatting issues).
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20 February 2020 | 13 replies
If she's only paid a deposit, and you claim Abandonment, you can repossess and change the locks without a court order.
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24 February 2020 | 12 replies
Not everyone offers it but if it is in the policy, it shouldn't be a problem to claim it.
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17 April 2020 | 8 replies
Insurance has gone up about 55-60% last 2 years with no claims thanks to all the lawyers that advertise on tv.
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1 May 2022 | 24 replies
I’m not here to judge.Your claim of making $250,000 a month in profit would make you pretty much the richest guy on this site by FAR!!!
21 August 2022 | 14 replies
Send her any required notices (claim against security deposit, etc), change the locks for real this time, turnover the unit, and move on.You should be able to charge her (and claim against her security deposit) for removal, disposal, or storage of her personal items, cleaning, damages, etc.
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4 November 2021 | 13 replies
You make a good point on the warranty claims.
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27 October 2022 | 25 replies
In the Viet Nam War days the only thing you could study was Law or Medicine.
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27 July 2020 | 13 replies
Would it be a good approach to terminate the lease and get someone else in and go after him in claims court or collections?
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26 June 2020 | 6 replies
You might need to Quit Claim the deed to your name.