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Results (2024)
Mary Murray Tenant ripped vinyl, but had a bubble
7 June 2019 | 5 replies

We have an excellent tenant who is being transferred and moving out. In cleaning they pulled out the refrigerator to clean and ripped the vinyl in the kitchen. The flooring was brand new a little over 2 years ago when...

Precious Thompson Making Rent Payment
30 November 2014 | 7 replies

Can someone pay there rent deposit with a credit card? 

Hana Mori Is my first DSCR loan experience normal?
27 September 2024 | 40 replies

My first DSCR loan experience was unexpected. I'm looking for guidance from this community. Is my experience normal?
I was given the loan terms verbally from a DSCR loan broker out in California for a cash-out refina...

Allan C. Why you need reserves
6 October 2019 | 11 replies

Sharing an example of where reserves come handy. A few weeks ago my rental property experienced a power surge that fried over half of the major appliances (HVAC, range, DW, etc) in every unit. Repair costs are ranging...

Matt Quinney Following the 1% Rule in SL, UT and Surrounding Counties
21 August 2021 | 7 replies

I understand the 1% rule as it applies to charging rent but it seems unrealistic in our neck of the woods. In my neighborhood we had a home recently sell for $465,000 but there is no way you could ever charge $4650 fo...

Kevin Chang military person as tenant
24 October 2018 | 7 replies

In California, a military person is a tenant who is relocated by Military organization and made a early termination. Is landlord entitled to deduct penalty from security deposit?  Property Manager said Military person...

Nathan Faselt Do Property Management Companies Charge Fees on Property Bills?
21 February 2023 | 5 replies

I wanted to get your thoughts and experiences, Do any of the property management companies you use or work for flout the bills for the properties they manage and charge a small fee on that capital?

I was under the ...

Eric Pena Should i buy a condo or buy a house so that i can rent them out?
22 October 2014 | 4 replies

Hello peeps this is my first post since i joined . i've been looking in my area using redfin to find property and i am looking to buy either houses or condos in the 50k range , now is this a smart move is apartment bu...

Levi Floyd Single room rentals?
31 October 2019 | 5 replies

Hi everyone! I'm new to the rental business, still I was searching through Facebook marketplace and noticed a few listings for single room rentals. I figure it's because of the college near there. Anyone have any expe...

William S. Investing Cap-Ex Reserves
4 November 2018 | 2 replies

Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...