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I have been browsing the forums for a few years now and will be closing on a rental property in a few weeks and have a few questions. How do you deal with having 5 people interested in the property? I have received mi...
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I just bought my first property (a duplex) and inherited some tenants. The previous owner said they had been paying, but I heard that the unit A tenants wanted out of their lease. I hadn’t heard much else, but I didn’...
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Hey Everyone, I closed on my first out of state rental today--it's my hometown in Indiana, but I live in Chicago now. My dad is still in this town.Anyway, I put up an online ad yesterday, had my closing at 9:00 a.m. t...
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Do you test for radon when doing an inspection on a house? Why or why not?
I'm in Iowa which has high radon levels. The required paperwork they give you on radon when you buy a house here says that 50%-70% of...
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I am seriously considering Section 8 for a home I recently renovated that is in an area of town that is still in transition in Atlanta. The good thing is I am not in a huge hurry to find a tenant. I will be scheduling...
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?
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This is my first post here (apart from newbie intro'). I thought I'd kick off with a question on investing in units with existing leases in place. To me they have an obvious advantage; you can see what the cap rate ac...
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I have just finished remodeling a SFH rental property in San Jose area. My goal is to rent it out long term. I have 2 top prospective tenants (the rest are screened out).#1: Section 8 tenant approved for 5 rooms. Mex...
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I have a seller who ended up using a realtor through our transaction. She has done nothing but slow down the process and now that our contract is signed, she refuses to let me set up a lockbox and insists on having t...
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I've been showing what I consider to be a GREAT Townhouse Unit for the last two weeks, and with each showing I hear "I love it! I Want It!"... So I send an email with a link to the application, including instructions ...