Greg Wright
Working on IRA property
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
T Saha
Tenant's rude response and lease renewal decision
Hello All BP Beautiful People,
I'm new in this REI/rental business, just started doing hand dirty with one rental apartment. Need your suggestion/advise.
Issue Background: Tenant notified me by text that the kitche...
Matthew Defore
Rent by the Room Questions
Who's renting by the room on their properties? I'm interested in experimenting with this on one of my condos in a college town. My questions are:-How do you try to pair up compatible "roommates" without having fair h...
Anna Milligan
Renter's Insurance Liability and "additional insured"
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
Julie Marquez
Military Tenant Going on Deployment
So I understand that a tenant has the right to break a lease with military orders, but our rental agreements are M2M with this move-in fee caveat.For example: Rent $1650. Refundable deposit $825. Non Refundable Move I...
Andrew Merritt
Tenant Died, Not Sure What to Do Next
So weird situation, but I was just informed that one of my tenants in my duplex passed away today. She had a 9 year old kid. I guess the police contacted her next of kin in another state to come pick up the kid.Not ...
Account Closed
Pet Wellbeing Per Lease
TLDR: Landlord added lease language for taking care of dog and has neglected these duties. Landlord is aggressively pursuing damages caused by dog and will not let tenant out of lease.I currently rent a basement level...
Julian Colvard
Do you always have to fix appliances?
I recently read a lease with that included this clause: "If any appliance cease to function, we may or may not repair or replace the appliance at our discretion."
Do you have this clause on your lease AND is it allow...
Roy N.
Reminder of why we have a "No Pet" policy.
I have alluded in other threads on BP the past few weeks that we are saying Good Bye to long term tenants we inherited with a property bought two years ago. We served them with a month ago with a notice of terminati...
Alisha Mingus
Lease option, subject to. Should I? Its in North Carolina.
I was just approached with a house(nice little 3-1 1056 sq ft) that a friend of mine is wanting out of. They cant sell and dont want to rent. She said she would let me take over payments if i wanted it. Listing on thi...