Roy Mitle
How often to check on rented house
I have a townhome that I have rented out for the past 2 years to 2 different tenant groups. All the renters have paid on time and I dont' have much contact with them except when something breaks down etc.. Do you guys...
Christen G.
My tenant is suing me...🙄
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...
Bob Yon
What paperwork should I use for new PM Lender
What paperwork should I use to ensure the commitment of a new PM lender?
I've done as the smart people have suggested and developed relationships with people I know, and the people they know, and I now have s...
Fraser McCurrach
Buying a property with an illegal / unapproved expansion
I'm currently looking at purchasing a property that was originally a 4 unit building. The seller at some point expanded and created a 5th unit in the basement. I don't believe it's to code and was probably never sanct...
Ryan Rominger
Red Flags when screening tenants?
What are red flags you look for when a tenant applies for your property? Besides credit score, income, rental history, criminal history?
Daisey Gemens
Renter with bed bugs
We recently rented to a couple who claims that we provided them an apartment with bed bugs. Basically they signed the TAA BB Addendum with specific wording that they were aware the unit was free of BB but had not seen...
Paul Burbank
FHA "85% Rule" HELP!!!!
We are currently in the process of closing on our first property using FHA financing. Most everything has gone smoothly until now. I am just finding out that with 3-4 unit properties 85% of the gross monthly income mu...
Stacey Conte
Defective appraisal ??
Has anyone ever received a defective appraisal back?Notes below from the lender regarding the appraisal. “PNMAC has determined that the appraisal is defective. The report provided does not provide a rent analysis th...
Donald D Michna
Water Utility Payment
I have a renter in a property located in Racine, WI, the properties water is provided by Racine Water Utility. The water was never transferred over to their name and the renter is now late on this past quarters water....
Ray Alvarez
Property Manager issues
Hello,So recently I have been having a hard time receiving my January payment from my property manager. I usually receive it on the 10th of every month. I reached out on January 14th and told her I have not received t...