So my last tenant moved out Sunday. I got the keys from her and looked around the place and the bathroom floor was soaked. She said "oh I think that toilet is leaking". Upon closer inspection the A/C drain was clogged...
My daughter just asked me to look at a lease for grad school this fall. It has language saying that the tenant will defend and indemnify the landlord and their agents against all claims and liabilities including "......
Hello BP!One of my rentals is in an 18-unit condo building in an HOA. I'm always trying to stay abreast of HOA happenings, but the board doesn't meet regularly. I'm always calling the property manager and she tells ...
"ARMs have doubled to 10% of mortgages since all time lows in January of 4%" https://www.cbsnews.com/news/m...The article claims (rightfully) that ARMs contributed to the 2008 crash. But... 10%Say half of those ARMs d...
Hello,I hired a property manager to list, find tenants and manager the property. The property manager brought us a person and showed they had 800 credit score. I selected them and we ended up having to evict them. ...
I am a new real estate investor. I just had my first tenants moved out after renting my first unit for 15 months. A few months ago, they reported water damage. By the time I was notified the whole master bedroom lamin...
I am a new real estate investor. I just had my first tenants moved out after renting my first unit for 15 months. A few months ago, they reported water damage. By the time I was notified the whole master bedroom lamin...
Surely there will be some "told you so" comments, however: family partnership owns commercial property in Florida and uses a property manager. Property manager (a small real estate company) resides in Florida only par...
Hello, Bought my first home in Chicago and it was/is a rehab. Went with a contractor who is a friend of a friend and this is my first time doing a rehab. This will be my primary residence. It is a 2 unit RS-3 that I c...
Hi all,I own a condominium, which I rent out, in a 230 unit community. I have owned this unit for 15 years, and it has always been a working class complex. I have it professionally managed, as I live 3 hours away.Th...