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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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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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What are some software and apps that you guys have found helpful to manage your business(s)?Here are the few software/apps I currently use every single day.
-G Suite: Sales & Operations Management
-QuickBooks On...
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Hello all! I'm new to the Real Estate Investment scene, so I obviously need to begin by educating myself. My question is, do you think getting a real estate license is a good way to break in and get information/educ...
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Hello everyone, I am considering buying a lakefront house with a fishing dock for STR but have some concerns about guest safety issues. Do you purchase special insurance? Are there any other potential issues I should ...
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I'm going to look at a property that has a foundation crack. I don't know the extent of the issue, but, what are some things I need to consider before making an offer? Would there be concerns for the rest of the pro...
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I just inherited property management client, whose tenant has a big dog. The city has put the owner on notice that this dog is a potential liability. This got me thinking about renter's insurance. (this post is not ab...
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Hi Everyone,
I'm looking at getting my first rental, and am researching insurance. I'm trying to decide on insurance coverage. Am I right in assuming if a renter has renter's insurance, and they miss a payment on the...
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Hello all, I showed a SFH that I have to two women from a charity who does work with handicapped and mentally challenged people. The charity provides housing and pays utilities for these people, so that they don't en...
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Hello,
For condominiums, how much do property managers charge to manage the HOA and Complex? Usually went rental properties it is a percentage of rents but how do they do it for complexes? Thank you!!