I am a newbie to renting and I was wondering how much do you contribute towards the upkeep of the home. Do you maintain the lawn, or do you have the renter maintain it? Do you clean the carpets, or do you require your...
I’m currently under contract for a two family property in a south Buffalo, NY neighborhood. The property is livable, but my thoughts are to renovate the units to be comparable to that of a rental in the more demand ne...
Hi all,My previous tenants had a couple of dogs and long story short, when they moved out, the house had a potent dog smell. My initial thought was that the smell was rooted in the carpeting. I had the carpet professi...
I got a 3 flat in Chicago, when you enter it sometimes smells like diapers. The tenants say it is on and off for about 6 months. It only smells in the entrance between the garden and first floor, once you get to the...
Hello all, I'm looking for advice from people in similar situations... I keep kicking this back and forth... I guess the root of this question deals with measuring ROI on your primary residence (living there long te...
Does section 8 allow late fees to be charged on the tenants portion of the rent. Example section 8 pays $2,000.00 and the tenant portion is $800.00, is it within my rights to charge the tenant 10% ($80.00) in addition...
Hi everyone,
I live in Oregon and we are required to rent to tenants with service animals even if we have a no pet policy. Is anyone else dealing with this legality?
thanks
Are lenders required to give you a pre-approval letter. I got a referral from my realtor for a local lender for pre-approval. I informed the lender I would be acquiring multiple "quotes" to compare so please provide a...
First off thank you for taking a second to read this post, any experience and knowledge provided is very helpful.I'll start off, the beginning of this year I made the stupid choice of drinking and driving, I was black...
Hello BP members,
Quick background: I'm a 23-year-old with accounting consulting roots, and I'd like to explore entering the commercial real estate space.
A penny for your thoughts on a couple questions:...