Most rentals in my area only charge security deposit equal to one month rent. They don't collect last month rent up front either.
Renters in my area have taken this for granted, and some are boggled by why I charge 1....
I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
hi all , i'm not sure this is the right form for my question. i have seven rent houses two of them i'm paying on loan the minimum i can . i maintain 40k repair found in a savings account . i normally save up all incom...
This tenant called me today Monday and said they are moving out on Wednesday because they don't want to be evicted. The husband had an accident and and did not work for a month and they said they would catch up once h...
Hi BP,I'm new to this site and though I've seen this question asked several times before I figured I could offer some new questions and get some new perspectives/experiences.What would you do if you had $20k at age 22...
Lately I find myself doing clerical duties making sure that I'm escrowing enough for taxes and insurance when I should be buying and selling notes and properties. I don't see much discussion on here about servicing o...
Hello.
In short notes, I wish to buy rental property consisting of a minimum of a 4plex. I plan to live in the property.
How do I make the property appreciate in value, so that in the event I need money or I wish ...
House has termites and electrical problems. Seller doesn't have money to rectify both problems. Seller agrees to repay me. An addendum is signed by both parties. Underwriter has this addendum which states, at closing,...
In the rental calculator here, you factor in vacancy as an additional cost in owning a rental. I have been just automatically putting in percentages just to do the calculations without a second thought but I just rea...
Hello, I've been tossing this idea around and doing the math and would love the communities thoughts - Theoretically, let's say your annual income would allow you to save $100K a year. Would it be better to pay off yo...