I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
My questions is on the MAR contract the clause that deals with how closing fees are split between the buyer and Seller. The clause is below: I would interpret this to mean that unless there are any title defects or ...
How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way
Hello, We run a small building and have been having problems with our water bills. They are too high, $72 in charges without even turning a faucet on. We have problems retaining tenants because of it and it seems the ...
Here we go! First month's rent rent up front. Second month's rent paid on time. Third month an email to say it would be late. Paid four days late but they didn't pay the late fees. Fourth month was due yesterday. Not ...
Hello everyone!I am trying to rent out my first unit and I had a question regarding what to charge the tenant. I have heard mixed responses on whether to charge both first and last month’s rent and a security deposit,...
Hello everyone! I was just curious how some of you with college rentals (with multiple people in one unit) take care of some of the major bills like gas, electric, etc. do you charge a set price for rent with the util...
Hi, sorry if this has been asked before. Just a new landlord trying to get things right and fair. A tenant just moved out and the carpet has strong smell because of the pet. Can I use the deposit to pay for the carpet...
Hey everyone,So I've recently purchased a four bed - 2 bath in Pittsburgh, PA and have two questions concerning the monthly rent.1. I am currently charging $450 / room. Should I bump the price up to $500 including ut...
Hi all. This might be an obvious question to most except me.
Rent is due on the first of every month. On the 5th there is $35 late payment fee according to the lease.
So I would give a "3 Day Notice" to the tenant...