Alyson Anderson
A Tale of Tenants and Triumphs
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $610,000
Cash invested: $50,000
So, let me tell you about this wild ride I embarked on with 639 Plymouth Rd. ...
Brian Fitzpatrick
How Often do you check in?
When renters are in place at a property, how often do you go visit the rental property to check condition. How long before the end of a lease do you go and assess work that may need to be done?
Mike Schorah
How often do wholesalers get sued?
By either the buyer or seller? Seems like there is more liability with the buyer unless the seller doesn’t know who they’re supposed to sue.
Account Closed
Disposing of tenants things in Texas.
I foreclosed on a property and posted the proper Vacate the property paper. The former resident has some mattresses ect still at property also a part pit bull dog in the back yard that acted like it wants to eat me fo...
Timothy W.
Understanding the coverage of tenant damage
When I was a property adjuster on the south side of Chicago over half of the propertites I dealt with were landlord owned. There's one particular scenario I saw a lot and wanted to give folks a heads up on what it is...
Jerome Kaidor
How often do you get audited?
Hello,
One of the prices of running large complexes is that you have to have ....employees. And of course, Workers Comp. I just got a call from my insurer to schedule an audit. It's not that big a deal...
Julie Clark
Number of tenants vs. Square footage
Hello,I am looking to determine thoughts, knowledge, etc. on how much space is reasonable to the number of tenants occupying a rental property. Firstly if someone is aware of a law specific to Georgia about this topic...
Amiri Roberts
Ending of tenancy due to flooding.
So I had a pipe burst inside of a wall in my rental causing a good amount of flooding. The water is currently turned off while I am waiting for insurance to come and do the inspection. Everything has been cleaned up a...
Judy South
Increasing Rent - how often/how much?
Just curious if there is a rule of thumb when it comes to increasing rent. How often do you increase rent, by what percent, and how is the increase communicated to your tenants - meaning do you tell them what the incr...
Jocelyn Canfield
Lease/Option and maintenance requirement of tenant
I have noticed in this forum that several posts state that you should not require or expect tenants in a rent to own/lease option to do any maintenance. I own a property that has an rent to own tenant upstairs who has...