PJ Singh
Adding boyfriend in renewing lease aggrement
Hi Team,Background: I had my first rental property(in Texas) rented back in 2013 with a single lady. For last 2 years I noticed her boyfriend(BF) in rental house, every time I visit for repair or maintenance. I suspec...
Account Closed
How Should I Depreciate a Sewer Line on my Taxes?
I had a sewer line collapse in my duplex last fall - the old clay pipe collapsed, causing black water leakage into my basement and I called in Roto Rooter for an emergency containment and restoration since I had tenan...
Brennan Lytle
Holding Costs
Hello! I was wondering if there is a rule of thumb for a percentage of ARV that goes into fixed costs. Thanks
William Bentley
Tenant wants to add BF who is on Parole
Good afternoon all,
I have a tenant who wants to move in her boyfriend who is currently on parole. She is an amazing tenant. No issues. Said that I would have to talk to the parole office. Haven't been in this situat...
Peter Mckernan
Renewal Inspection
Hello Everyone:I wanted to get some insight on how people usually handle their lease renewals. I have a tenant that will be renewing their lease in April and wanted to see if when the lease is renewed to also perform ...
Daniel Guas
Washing Machine Issue
I have a tenant that has been renting from me for about a year now. He's a single guy and he doesn't complain much about anything as he's handy and can handle many of the household issues. I typically will repair a wa...
Lily Scherman
Do I need a CA Purchase and Sale Agreement
Hello - I think one big thing holding me back is not knowing if I need the official CA Purchase & Sale Agreement from the Realtor Association or can I use a template and have a California Attorney look it over? A...
Bryan T.
Can a renter add contingencies in a lease to allow them to break
Can a renter add contingencies in a lease to allow them to break a lease early? For example, as a renter, could I tell the landlord to add a contingency in the lease that allows me to break the lease with 30-day notic...
David Moore
Pay the Water Bill or Not?
In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, r...
Antoine Joseph
Getting Into a Boarded Up House (With the Home Owner)
I am talking with the owner of a house that has been boarded up. They are eager to sell the house but it's boarded up and has been that way for a while. The owner agreed to meet me at the house but said I would have t...