Peter Morgan
Tenant sealed vent registers in winter to use his own heater
25 September 2021 | 16 replies
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminum foil without letting me know , I could have easily adjusted the thermostat to lower per his needs if he had told me and supplemented my apartment above with any additional heat but he chose to seal without letting me know inspite of my warning later on and obviously it can have detrimental effect on the tubing inside the walls due to excess pressure build up.He also complained about high electricity Bill's (obviously he would incur high utility bills when he turns on his electric radiator without using the free heat he was getting) I ended up having an oversight from my end as I did not verify if sealing vent caused any damage .
Daria B.
Note Funds and SDIRAs
28 September 2021 | 11 replies
They need to know that this bill is going to disproportionately hurt IRA savers with IRAs less than $1M.
Joshua Kolnitys
Getting Started with Airbnb Q&A
4 October 2021 | 31 replies
We do that as a "Utility Offset" in order to protect our owners from extremely high utility bills when there are more than the normal guest count.Hot tubs can be incredibly valuable!
Kyle Lathon
A Newbie’s Progression
23 September 2021 | 3 replies
I have a friend that secured a deal on a property in La Jolla with none of his own money because he listened to the owner -- I kick myself to this day because I had talked to the same owner numerous times about other things but I didn't listen to him like my friend did so I missed the opportunity.I had kind of tuned out the opportunity because the property is in a really expensive part of La Jolla and I didn't think I could secure a deal on a $5M house when I was just starting out.But my friend -- who had no more experience than I did -- and the developer he worked with -- and who paid for everything -- made $7M each off that deal because the house ended up selling for $28M.Anyhow, my point is that while you should keep doing what you're doing because there are deals everywhere and you don't need to live near by, don't ignore your own backyard because you probably know it much better than any other area.
Chou D.
Pricing Rental Unit and Tenant Screening
30 September 2021 | 4 replies
Another option could be lowering rent a bit but putting an additional responsibility on the tenant, such as lawn maintenance or a bill that you would normally cover.Good luck!
Cody Stegeman
Accounting question about the 2 in 5 rule
27 September 2021 | 2 replies
Utility bills, rental lease agreements, paychecks with home address, address on IRS returns past 5, 1099 and w-2 mail to address, USPS mail records ... are what you need if you push the limit and get audited.
Kevin Guerin
Investing in Worry Free Property Management
23 September 2021 | 0 replies
Such services should include: - Creating enticing market listings and ads promoting the property at its best for high demand - Rental market expertise to provide recommended rent amounts for your property's market without recommending an inflated rent amount scaring away potential tenants or recommending a deflated rent amount causing less of a return monthly- Physically showing the home to potential tenants- Collecting/depositing monthly rents and bill paying- Vetting/screening applying tenants or managing non-paying/troublemaking tenants- Resolving maintenance repairs by hiring professionals to care for your investment - Turning your investment property move-outs quickly for new tenant placementLook for all of the above listed services and more when researching property management companies to receive the most return on investment!
Julia LaVigne
How to handle a lawsuit threat?
24 September 2021 | 9 replies
Do I have to give her those energy bills without some kind of court order (to be clear the bills were split according to the agreement, nothing to hide)?
Danny Lambert
Recent DMV real estate news
23 September 2021 | 0 replies
-New Congressional bill reintroduced to reinstate eviction moratorium.
Justin Smith
In Escrow With 60 Day Late Notice???? Am I Toast?
23 September 2021 | 1 reply
I bought a new investment property a few months ago, and the lender mailed my mortgage bill to the investment property and not my primary residence.