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We use a third party to run the credit and application fees. They charge $29.95 for both. We do not collect the money, the third party does. One potential tenant just callled and said we are not allowed to charge $29....
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I posted our first property for rent on Facebook marketplace and have received over 35 Facebook messages inquiring about availability and showings. I used Rentometer and Zillow’s rent estimate to determine my rent, bu...
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I hope I can ask this here, my husband and I are currently renting out our condo in Michigan after an unexpected move to Alabama for his work. So now we are both landlords and renters (the move is most likely not perm...
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I spoke to my lawyer last week and he suggested using a RELEASE contract at the end of and Lease Option deals. The release would be signed buy everyone involved in order to make sure the lease option tenet was clear ...
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Hello,
I wasn't sure where to post this so I figured I would post it here.
This is the situation:
Looked at about 20 REO properties, this weekend with a...
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I own a medical office in a retail strip in West Michigan. My landlord recently asked if I'd be interested in purchasing the strip from him as he recently moved out of town and is looking to offload. Currently isn't o...
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Buying a duplex that already has one lease and one month to month on it. Rent is way below market. How do I go about taking over the leases, acquiring the security deposits that were made, and possibly raising rents a...
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Is it possible to wholesale a forclosure property?
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Hello fellow landlords. I would like to know how you make it known when advertising or screening tenants that the applicants must make three times the rent in monthly income. From reading over this site I have noticed...
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We're in DC renting a 100 year old row house. Everything works but it has plenty of quirks and flaws in the plaster and trim and flooring. We were going to bring a camera and let the tenant take pics of whatever she...