I am looking at a property on Lake Michigan. I have developed a schedule on the amount of time I believe it will rent per month -- less in the winter, more in the summer.How do you determine nightly rate? What other...
I am renting a unit and have had a series of would be tenants with large dogs. One had a 50 lb lab, the other a 60 lb German Shepherd. They both asked why I limit dogs to 20 lbs only, and pretty much asked what c...
It's very infrequently that I find myself without a solution to a problem. But, has anyone had this happen to them? Who is my best ally in this situation? All I've gotten was an email from my PM saying that he will be...
We currently only have one rental property. When we first bought it we had the lease written up by a lawyer and it included that the tenant had to professionally clean the carpets when they moved out. We are now getti...
Hello, I am trying to get my security deposit back. I cleaned the apartment very well upon move-out (I've spent a lot of time cleaning and left it in probably better condition than in when I moved-in) and there was no...
This is one of my absolute favorite ways to find a deal or two with a little bit of time and sweat equity. If you're a flipper, wholetaler, or buy & hold investor looking for a deal or two this is for you. I purch...
I rent rooms in a house. I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints. Now, I...
I recently went to my property to inspect and prep it for new tenants and found that the old tenants had let their child do some sort of project on the granite counter which left some bad ink stains in a variety of co...
I've been using this term for the last few months and wanted to officially claim it on the interwebs. ;)
We have gone from a real estate bubble to a real estate puddle.
A real estate puddle is when prices are below v...
There's a lot of little "upgrades" you can do when renovating a rental property that are the "cherry on top" of an already well done job. Examples are things like:-Granite countertops instead of formica-5/8" drywall i...