Hello, a tenant of mine is asking me to reimburse them for a new toilet seat they bought because the screw on their current one broke. Is this my responsibility? If it was a new tenant I would cover the cost of the to...
I am from Los Angeles and found an apartment building in Fresno. Escrow closes in two weeks. The building was build in the 40th and maintained most of its original beauties: red tile roof which is leaking and the ro...
I have a clause in my lease that vehicles are not to be parked on the lawn. My tenant is a truck driver and parked his big commercial semi on the portion of the lawn next to the street. He claims that is none of my ...
If you form a joint venture, what should be the maximum number of people you partner with, as far as investors?
What have you seen that works..or doesn’t work?
Hello all, We are purchasing a 12 unit property. Each unit is about $100 under market. Also, the seller allows pets but charges no fees at all. This has turned the place into a "pet motel" (some having 4 pets in a 2 b...
Its LLC entity, will issue K-1 for each partners.
Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...
I put up my condo (currently my primary resident) for rent. I showed the condo to a few people who pass my pre-screening questionnaire. 1) A couple + a dog who move from the next town want the condo starting on July 1...
I have someone that is nearly done with a remodel/flip and needs $10k to shore up loose ends, etc. They'll repay me $13k in 90 days. I don't know this person too well. I plan to have them pay for prelim title to see w...
Is there a site where I can pull credit and prior evictions/criminal without having to have the tenant complete the information? Every site I find requires an email be sent to the prospective tenant, which most of mi...
I understand if you allow pets, you're opening doors for whole nother sector of renters' market
Why else would you do it? Higher rent? :roll: