How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
I am currently renting an luxury apartment from a Corp.As landlord myself I never do any renovation while tenant live there unless is requested by tenant.And my floor got damage just a very small part about 10% of the...
For a one time non-refundable pet fee charge, who should keep that fee? Property Manager or owner?
Many self-managing investors on Bigger Pockets have to handle security deposits and this can sometimes be challenging. We wanted to share our the experience we have gathered throughout the years by managing hundreds o...
I am analyzing a property that has extensive termite damage under the crawlspace and in the attic. Everything else was updated and renovated. The house is 100 years old and it is 781 Sq ft. How do you repair termite ...
Hello All, I purchased a property from a turnkey company that was acting as the realtor from a home they had rehabbed, sold and managed for the previous owner. I took ownership on the property 9-29-2021 with the curre...
Hi all. I just bought this 8-plex, where pets are only allowed if approved, deposit paid, etc. Well, we did the inspection for purchase and one lady, who just moved in a year ago May 1, has 2 unapproved cats and her p...
While a tenant is in place and damages property or is non-compliant with a rule that has a fee attached, how do you charge your tenant? Do you write up an invoice? A demand letter? Write it on a notice to confor...
The waterline from the meter to one of my rental properties eroded and caused a little sink hole on a city access road that passes by my property. The property was vacant and we didn't know about the leak until a neig...
what problems can I run into if I'm looking at a fire damage home?