I own some rentals in Indianapolis and recently found out that my PM is charging 15% extra on my electric bills. Is that even legal?
Sadly we're moving away from TenantCloud as they are now going to be charging $1.25 per ACH transfer. Since we have dozens of tenants, this is not going to go well. We've already informed the tenants of the fees, an...
So It's a discussion I've had with so many people on both sides of the table. I don't know why, but there always seems to be a lot of confusion about whether a tenant deserves their deposit back or not. I've seen it o...
At the walkthrough after the tenant left a couple of weeks ago, the PM missed damage to to lower shelf in the kitchen. He did open the cabinet under the sink and took a look, and went on--didn't open other cupboards I...
I have a 48 unit that I just switched to a property manager. I am being charged 8% of gross rents as a management fee. This is a new property to me and I've been using the manager for about two months. I was drivin...
I just received my closing disclosure and questioned why they are charging me $500 for an appraisal when the it cost $400 from the report. Their response was they charge $100 for an in house appraisal review fee. Ne...
Been working for months to get short sale approved on a triple wide 443 mobile home thats 1,880 Sq ft and sits on a 70,000 Sq ft lot. The bank has approved $184,000 and our contractor has given us a $39,000 repair p...
I usually have a no pet policy. I liked a young couple who saw the house and agreed to be open to them getting a dog as a pet in the future.
Now they are asking me what dog breed is acceptable. They are willing to w...
I’m thinking about having a friend move into my 4 bedroom, 3 bathroom house (I live by myself currently). How would you go about determining rent?My mortgage is $1,892 per month.
Heres what I came up with:
Rent $500...
Hi, im thinking of buying a STR in PA(pocono lake, East Stroudsburg, etc) or Upstate NY. But, i heard there are many restrictive zones in these areas. If anyone knows of a good market without restrictive zones, please...