I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...
OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...
So your tenant is 5 days late or whatever and you are a business not a charity, time to crank up the only remedy in your arsenal, it's off to the courthouse to file eviction.Evictions - I've had a few - they both took...
Hello. I'm new to BP, but I see a wealth of knowledge in this community, so I'm here to seek your advice.
I own two properties in eastern Oklahoma. I lived there a few years back and tried to be an entrepre...
I'm just curious about buying and holding properties while renting them out. In most everywhere in the US, you cannot rent a property for at least 1% of the value. In Denver, you can buy a $400k property and get no ...
I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...
So I have a duplex, and am currently renovating our tenant side. The last 2 big projects are to refinish the oak floors in the living room/bedrooms, and we want to tile the kitchen and bathroom. We're hiring out a con...