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Situation is this: tenant informs me that the door to the walkout basement (currently unfinished/storage) is open, but that nothing seems to be missing/damaged. Hypothesis: the wind blew it open. I tell him to just cl...
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I’m looking at purchasing a rental property South of Dallas, in Desoto. This SFR has an in ground pool in the backyard. It’s going to cost 100-150 a month to maintain it. How would you account for this in the rent? Op...
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This has probably been discussed many times but I could use some empathetic advise. I have a situation that I need to move on, but before I pursue it I am hoping there is a way to get some kind of insurance on a 2006 ...
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I have a friend who owns a few houses he rents out. 2 Weeks ago the renters young 17 year old girl left the iron on the bed..the iron caught the bedroom on fire. Firemen put the fire out and gave a value on the loss...
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While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
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Hi everyone,I have a tenant is a great tenant. Pays on time, is kind, keeps the home very tidy, and doesn't complain a lot or break things. Recently my tenant informed me they have been prescribed a service animal for...
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New to investment properties and new to this community. Hopefully at some point I will learn enough to become a contributor and lend help where I can.
So... we bought a second home in Arizona and are thinking of rent...
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Last Friday I had a fire in one of my condos. 10 out of the 12 units are inhabitable. I was lucky enough to be one of the two that are inhabitable because I had a fire proof door. I guess everybody else had wood doo...
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We're looking for new insurance as we close on our second property. (woohoo!) Pretty much every one in our local meet up uses the same guy and is very happy with him. He almost exclusively uses "Named Peril" insurance...
i am renting my new property with a nice kitchen and expensive countertop. any insurance can cover it if the tenant breaks it or stain it? the deposit is not enough to replace the whole countertop.