Need some guidance on this one as this is a first for me. Here is the situation....We purchased a condo on Jan 16th. We found tenants and they have signed a 12 month lease. They were scheduled to move in yesterday ...
I have a new prospective tenant, after reviewing my lease, inform me that he believes I am not allowed to withhold ANY of the deposit for cleaning/ or carpet cleaning.Hes telling me that its wrongful withholding of se...
My tenant just moved out and the carpet was brand new when they moved in and in 1 year it looks like it is 7 years old. Can I withheld security deposit for the damage as she had 2 pets and looks like the dog chewed...
Fighting over the Security Deposit is one of the main issues between Landlords and Tenants. What steps do you take as a Landlord or Property Manager to ensure the deductions from a Security Deposit are not disputed? I...
In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
I am starting the journey of flipping my first property and would like to know the best way to secure financing to purchase and rehab a property? We have enough equity in our current home to use but is that the best w...
Hi one of my tenants is complaining that she does not feel safe. I wanted to ease her mind by getting security cameras for the outside. What's your recommendation? Comcast, ADT, etc... Also should I pay for the serv...
One of my inherited tenants left after 5 years in the unit in Lakewood, OH. I have no idea of the unit condition when they moved in. The turnover is close to $10k with some upgrades. I have a few questions regarding c...
A dilemma I'm having is that my tenant wanted a double keyed dead bolt, and I complied. Both doors have glass that a would be intruder could break and open a dead bolt. Now I hear that could be a fire safety hazard ...
I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...