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Background: we had new tenants move into a 2 bedroom unit about 6 months ago on a month to month agreement. It is a woman and her adult daughter (both listed as tenants and contributing income toward rent), plus the w...
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hello ,I'm new at this, I have two tenants that rent a house from me together, each one moved in a friend. I found out all are splitting the rent 1/4 each. so far no problems . I was wondering if I should increase th...
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So me and my wife have been Mom and pop landlords for about 3 years now. We have 6 SFH"S and a duplex so 8 units. Just bought a 9th but most likely will sell not sure yet though. So my Question here is how do we strea...
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I have an opportunity to purchase a duplex in a C/D neighborhood -- 8br/6ba total. It's a newer property (2009) with very little maintenance (just some carpet, paint in some rooms, etc.), new HVAC, great roof, etc.Tho...
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I am in the process of purchasing a 3 unit property and 2 out of the 3 tenants are ones that I would most likely accept if I had personally screened them myself. The 3rd one on the other hand seems like there may be s...
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Drawing up a new lease for an existing tenant. They want to setup an automatic payment directly through there chase account. The standard lease simply asks for Place of Payment with name and address. Should I give the...
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Hi everyone,
I am in the process of leasing out my home for the second time and this time I don't want to miss a thorough screening. I am just having some problems deciding to accept or reject their application. I hav...
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I just picked up a rental property that I will be renting in the open market, no section 8. I am getting lots of phone calls and am getting to the process of tenant screening. My list of Questions include: How much do...
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I'd like to see if this deal would be a grab or a pass why or why not.A seller is looking at selling his home that has an average comps of 198k and rents of 1500 with in the subdivision. He has a renter that is on a m...
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Hi - we are working to finalize a contract to buy a 3 unit apartment and the contract clearly says that security deposits transfer from seller to buyer. No question here. I know the security deposit really belongs ...