Question for self-managing landlords:I'm just getting started managing rentals. To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limite...
Hi BP!
So, I'm updating my safety rules that I have all my tenants sign prior to moving in my units and was wondering if there are other items I should add?
(Not in order)
1) Check and Replace Smoke Alarms every 6 ...
Hello everyone,So I'm getting ready to start working on a standard operating procedures manual for my business. I only own and manage one rental property right now but I plan on having a lot more and it is never to ea...
I'm sure this is the post that everyone dreads. I just had a tenant die in a rental unit last night. She was an Eden tenant who recently ran out of funding, so I reached out to them. Does anyone know the procedure ...
Hi all, I recently bought a house that has two units. One main and one junior unit - roughly 450 sq ft. The house was built in 1920's and junior unit was built in the 40's and they built it on the property line, i.e...
I recently purchased 3 tax certificates and one of the properties has a tenant in the home. I'm having trouble finding the company that owns the home. What is the procedure if this company has gone "belly up"?
I have been investing in SFH (fix/flip and fix hold) I came across a small retail space that I am considering. it is about 1500 sq and listed at 40k and need 10k in repairs. it is devided into 2 spaces 900 sq rented t...
Hi everyone!,i'm having a situation where i posted a notice to enter for repair in rental unit and the tenant refused to let me in. Can I still let my guy in and make repair? They said they are not home and i'm not al...
Last year, we spent $15K fixing a flooding issue in our rental's crawl space. We hired Company A (an emergency flooding company) to pump out the one foot of water and remove all wet/moldy drywall at a cost of $5K. A c...
Smoke detector alarms were going off in neighboring unit for 2 days. Sheriff's Dept & Fire Dept said they cannot enter the unit if there is no emergency. They suggested that the HOA handle it.
The CC&am...