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Hello! My husband and I just closed on our first rental property. We are inheriting tenants whose lease is up at the end of the month. We were under the initial impression that their intent was to move out. Now we hav...
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Hi all - first time landlord here. My wife and I just bought and moved into a duplex where the 2nd unit was already occupied with tenants. They were on a month to month lease with the previous owner. My question is ...
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I just closed on my first rental property yesterday, a duplex in a good location. Both units are currently rented. There’s no current lease, and the previous landlord was not managing the property at all. The rent cur...
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I’m going to attempt our income tax myself instead of using CPA. Any opinions on which brand of tax software for rental properties is best? TurboTax? H&R Block? Others? Thanks!
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I am purchasing my first property that I will be actively managing. I have another rental but it's long distance and I use a PM. I saw BP has a list of over a dozen software apps for landlords but does anyone have a...
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I’m in the final stages of screening two tenants. Everything came back clean, however, I am getting ready to call their previous landlords to see how they were as renters. What are some must-ask questions to ask their...
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Does anyone reccomend guideline books for New York State laws on being a land lord.
Topics like:
Late fees
Evictions/notices
Purchasing a property with existing tenants
Accepting cash for rent
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We recently purchased our first rental property. I am looking for advice on being a first time landlord. What mistakes have you learned from over the years?
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Noticing numerous properties on MLS which are currently rented, income producing, and are under 1% price to rent ratio...and it looks like the current owners have only held for 1-2 years. They are on the market for &g...
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Hi Guys please help us out here.We rented an apartment on 15sept and paid 2 months deposit to the owner. After 3-4 days we found there were bed bugs in the house and we contacted the owner to do pest control in our ho...