I've read several articles and discussions about how intentional damage from a Tenant is not covered under landlord insurance policies. I just received a policy from Statefarm and it also excludes intentional damage ...
Hello. I'm Nestor from MD. I recently got pre-approved for a mortgage by a hard cash lending bank and even with an excellent credit, since it's my first flipping deal, I only got 50k pre-approved. Anybody has any advi...
This property is interesting. From the pictures on MLS, there is extensive work that needs to be done. It's has a roof leak and subsequent damage to the interior. It also has additional damage to the garage door and ...
I have a couple tenants who, after deducting damages from their deposits, owe a couple hundred dollars. One is less than $100, the other is around $200.I don't think it's worth going through the court system to get ju...
I am an investor just starting to get into the market of purchasing pre forclosed homes. I just wanted to get a few things clarified before I start approaching or sending letters out to distressed home owners. I have ...
For years I have had a credit score over 800.Now that I am investing in real estate, it is plummeting. I can’t find any articles or advice on how to preserve my credit score while investing. To understand what is happ...
Hey All,Do any of you require damage deposits from guests for booking your vacation rentals?I recently acquired and launched a new property on Airbnb and VRBO that is $500-$600 avg. nightly rate compared to other prop...
I’ve dealt with one bad tenant that did some dumb things like set an iron on new carpet in a bedroom, stained several spots in the living room, broke the lease and left early, etc… ended up keeping her security deposi...
Hi there! 6 months ago, I rented my home. There initially was a $700.00 security deposit. The renter asked if he could paint the inside of the home (it needed it) in exchange for his deposit. I furnished the pain...
I just closed on a property, and am deciding whether or not to tent for termites.Original inspections had turned up minor evidence of past drywood termites in two spots, but no live termites were seen. We got a $3300 ...