Just passing along a quick tidbit for landlords out there. Over the holidays one of my houses had an issue where the pressure line attached to the dishwasher came apart while the tenant was out of town. The root cau...
Hi all, we're looking to hire our first management company and are starting to vet some of the options in our area. One area of concern we've come across is the tendency of these companies to include some language in ...
Hi all,
I am the trustee of a property that is paid off. I am trying to cash out refi on that property and the mortgage broker I am working with says that I need 6 months worth of my personal homes mortgage and of th...
Hello fellow investors....Is it standard practice to have property management companies asked to be put as additional insured in liability and property insurance policies?Thanks,
We recently bought a 185 acres of industrial land in the panhandle of fl. It has a few houses on the property along with a 8700 sq ft truck workshop. We've got a mechanic wanting to rent the workshop but need to get...
Hi all. I understand that a typical strategy for an apartment complex is to do one LLC per building, and a separate bank account for each LLC (and so a separate bank account per property). I worked in a treasury depar...
Tenants asked to resurface tub but it turned out to be soap scum. Should I charge them back for the $175 cost?The long term tenants asked to have the tub resurfaced after I increased the rent (up from way below market...
For those that rent houses in neighborhoods with OPTIONAL HOA fees....What is the standard procedure as to who pays this? Obviously, the renter's family would like to take advantage of the swim and tennis in my neigh...
Here is a question for all of you legal eagles out there. I'm in the process of transferring my properties to a newly formed LLC. All my lease contracts that were done by the management company representing me, were s...
Something that I like to do is go to events, read books, listen to podcasts and then distill them into the most useful nuggets of information to pass on to all of you. Recently I went with some of the 7 Figure Flippin...