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Maybe proud isn't the right word, but I read a ton of advice in these forums every day, and I pick up a new clause here and there on a pretty regular basis. Of course, proper screening makes these clauses less necessa...
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Have a 4 unit multi built @1900. Wood refinished floors have huge gaps/cracks, and they are layed over what appears to be what was called a subfloor in the Victorian era, which is wood which also has gaps. From the ...
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Our newest tenant has been in our single family home 1 month and we’ve already had some issues. 1. rent was late and they are upset with us for making them pay the late fee. 2. A sink was added in the basement for her...
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Hello all,
I'm dealing with a water leak situation in my condo unit, and I could really use your expertise and advice. The leak has caused damage to the ceiling of my neighbor's unit below, and I need to figure out t...
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If you have been a landlord for a while, you start to recognize when your HVAC contractors are way off on their diagnosis. Two situations this summer involving one of the properties I manage and a property with a PM1....
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I own a condo and my plumber found a toilet leak when recaulking ,the wax gasket never made contact with floor and there is lots of water under the toilet , not a flooding scenario , the toilet base is 100% caulked he...
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Good evening everyone,how do I separate utilities when I have an ADU that is rented with a fixed utility price? I am currently living in the main house, but will soon be moving in the upcoming summer due to another pu...
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I have a tenant who lives in a walk-out basement unit in central IL. She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...
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I have a duplex with long-term tenants who pay on-time every month. Problem: water bill has quadrupled for each of the last four months. Nobody has an answer. Each reports no leaky faucets or toilets. Upstairs tenant ...
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...