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My triplex has a ~6'x8' enclosed area for trash cans (55 gallon rolling receptacles). Each unit has one for trash and one for recycling so there are six in total. The cans need to be rolled to the curb twice a week an...
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We've always had both Ad Valorem and Non-Ad Valorem taxes collected in our escrow impounds by default (not at our request). Our new mortgage does not include Non-Ad Valorem (special assessments like trash) in the impo...
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I've been approached to purchase an off market 12 family apartment building in a popular Missouri vacation area. The seller is a real estate agent and states they are selling to raise funds for their daughter's colle...
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I found a lead off of some mailers that I sent out. Their mortgage was originally held by Ocwen, and is now with Nationwide Credit. I believe Nationwide Credit is a debt collection agency owned by Ocwen. The fact that...
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My lease with tenants states that if they break the lease early the are liable for 1 months rent. The property manager was meant to charge them 1st, last and deposit on entry (to cover the lease break scenario). That ...
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So, I've been fortunate over the years and have never had a tenant vanish. But, this past week, I encountered my first. Sad thing is there was no warning. This tenant had paid like clock-work for over a year. Then...
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I ended my contact with my past property manager and I need to get information from them to file for collection for a past tenant. For some reason, they will not release the original application, driver's license, SSN...
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We had a tenant who could not afford to pay his rent and so left the apartment without giving any notice. He had been living in the unit since 1984 and we acquired the place in August 2010. He left the apt totally fil...
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What have people’s experiences been with apartments near college campuses. Pros & Cons? Are there a lot of vacancies during summer months? Is it worth your apt constantly being trashed out? Is collecting rent more...