Our tenant (Leased) signed a termination agreement and plans to leave early in the Lease period. We have yet to sign, but there is a clause that have us refund the Last Month's Rent (which the tenant paid at the begin...
Want passive income? Well, DON’T invest in rental properties. Buy REITs (real estate investment trusts) instead. Yes, you read that right. Although rental properties are a phenomenal way to build wealth and cash flow ...
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Hello BP,I was at my rental house this morning making a repair. The house smells so strongly of cigarettes that I still smell like an ash tray after spending less than 30 minutes inside. The tenant is fully aware th...
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I understand that we are supposed to keep all tax records for as long as we hold a rental property, technically.....What if I have a property for 10+ years and still holding it? Should I really keep all these years o...
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I just wanted to see how everyone else stays organized with supplies and paper work.
Do you digitalize all your paperwork? leases/apps/sec 8 papers etc..
Where do you keep it all? file cabinet? Safe?
Where and how ...
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I am participating in Landlord Cooperations Program in Philadelphia provided by PGW- gas company. Just received an email from them notifying me that they are going to shut of the service in 10 days and they might need...
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It is a reality the various issues that can be faced with guests at a property, the key is to maintain clear and respectful communication with the host. They suggested always documenting any issues with photos or mess...
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I am considering taking a loan from a 401k for my first REI. I will be joint venturing with an experienced partner if I do so.
My question right now is:
Should I keep my 401k with Edward Jones or move it to somewh...
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I've read the books, I've listened to the podcasts. I'm in the process of looking at potential properties, I'm days away from making my first offer. I feel confident that I'm in the right direction. My question is ...
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1) Can anyone please help me determine what is normally a landlord's responsibility in terms of maintenance of a rental property?
2) And what are the items that should be repaired by the tenant through regular wear-a...