Hello, I'm about a month out from closing on a triplex with tenants. 2 of the tenants leases are expiring end of February and the third is on a sec 8 til Sept. The owner has a personal property manager taking care of...
I own an out of state single family that I am managing myself. I've owned it less than a year and it's my first property. Once the lease is up, any ideas on who I can get to do the showings to potential applicants rat...
- Hired a property management company in May 2011 to manage my rental property- Typical management agreement between me and the company, included clauses saying that 1) they would collect a deposit equal to one month'...
I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Cash accounting when do you post yours? It won't record at the bank on Saturday not a business day thinking to post on Tuesday when business is conducted. Can probably go either year so whichever works best the way to...
Looking for some general advice:We have some tenants who are really great - military couple, clean, quiet, pay rent on time, etc. They are wanting to break their lease 5 months early because they have a dog who is cur...
We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
My lease states there are to be no alterations to the property without LL approval.If a tenant wants a big TV, couldn't they just put it on a TV stand?What do you do at move-out when a tenant has installed a wall-moun...
Good evening!
I should be closing on a rental property in Baltimore in early June. The previous owner has a fabulous existing tenant who has signed a lease until May 2019. From what he’s told me she’s been a model te...
Hi All,I have a rental applicant whom I would like to place in one of my shared housing rentals.We strictly require all applicants to undergo a credit and background check. We feel that performing this step is particu...