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3 years ago I purchased a nice home to rent out. The house has no mortgage on it. In March my tenant burned down my house due to "careless disposal of a cigarette" per the fire report. The lease specifically states th...
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Hi everyone, we're considering putting mini splits in our Boston unit for AC only (heat is natural gas). The unit is 600 sq. feet and I know we need an exterior unit of 20,000 BTUs and two indoor units. We're on the t...
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I am planning to start a property management business in Texas. Can I expect to see good profits in this business?Any guidance is greatly appreciated !
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WARNING: When reading the Ask About a Company threads, take note that in many cases, the companies in question will send their friends to shill on their behalf. These people are typically easy to pick out, as they us...
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I've had my rental property now for a year and the grass is completely gone due to no watering.
What's the preferred course of action here? If I have a sprinkler system installed can I have tenants pay that addition...
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I have two separate US corp. One Georgia corp. and one Florida corp. Each one has just two single family houses. My CPA filed for the IRS and state taxes and made the yearly accounting. He asked me 1200 $ for one comp...
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Hey guys!According to an agreement with our PM, they get to keep all the late fees that incur if tenant doesn't pay rent on time. Would you have accepted that paragraph in the contract?Thanks!
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I'm looking for a property manager for a fully furnished SFR I'm converting to a medium (e.g. traveling nurses) or long (e.g. grad students) term, by-the-room rental. Does anyone's business model offer that or know of...
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To achieve your objectives and safeguard your assets, you must organize your real estate company properly. My personal experiences have taught me a few things that might help you accomplish this.
A Limited Liability ...
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I'm selling a home with no liens. Yet the title company insists on charging me a Lien Procurement Fee as a title services charge. They say they charge this to cover the work they have to do to clear title so the prope...