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Hey guys we are crazy nervous but very excited about starting our path down financial freedom. We are prepared to do the work needed. We just recently purchase two older duplexes. They are going to require some wor...
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BP,Just closed on a condo and inherited a tenant who is there on a month to month lease. She has been a tenant for a couple years and is very clean and always pays on time. It is in our strategy to raise the rent a co...
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Hi,I have a multi unit. Frequently I have tenants request to move into a newly opened apartment. Sometimes it's because the vacant apartment may have a balcony or be a newer updated unit. I am never really sure how I ...
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Hi everyone.
I am a gap funder. Have a second lien on this property. Our terms state that she was to pay me back by September 9th (including the 15th day grace period) and as of September 10th, she’d be in default...
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What is the proper way to structure a lease agreement to handle prorated rent? If I have someone moving in on 9/23, should I make the lease commencement date 9/23/16 through 9/30/17 (slightly more than 12 months) and...
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I was considering using money from my self directed IRA to purchase a home to be used as an Airbnb. I was having a hard time getting some clarity around why I would be taxed for short term rentals vs Long-term. Oh...
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Before the tenant moves in we're going to walk through and have them sign part of the lease that explains what damage is and is not present and to ensure the smoke alarm is working and there are no issues with the hou...
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I currently have my first deal under contract (duplex w/ 8 bedrooms and 4 bathrooms). I will living on the first floor (bedroom 1 and 2) and renting the other 6 bedrooms by the room. Does anyone have any experience wi...
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Hello,
I gave a tenant about 60 days notice that his lease will not be renewed. He said he would not pay his last month. I told him I will keep the deposit then. A couple of days later he asked if he could leave a mo...
I am a first time investor rehabbing a property as a rental. Is there a recommended paint finish for rentals that is easier to clean or does it really matter?