Seth Wilcock
Double Deposit As Compensating Factor?
Hi Everyone, First time (soon-to-be) landlord here. On many of the rental applications I have seen (including the bigger pockets application) I've seen verbiage that states "Compensating Factors can include additional...
Yash Bhatt
Looking for a HELOC / 2nd mortgage on an investment property
Hi,We bought and rehabbed a home and it's been active as a short term rental for almost a year now in Sedona, AZ. We are looking to pull some cash out to recover our rehab costs and having a hard time finding a soluti...
Bolanle Ogunmakin
Security Deposit is not 1 month's rent in TX?
Hello All,I recently moved to Midland, TX from Washington DC where I own a four-plex. The standard security deposit there is one month's rent and that's what I've always charged my tenant. My husband and I just purcha...
Jimmy S.
Tenant is moving out
HI everyone. Need some advice here.Tenant is been there 3 years and was always on time. The lease states It is a 1year lease and will automatically renew if 30 days written notice is not giving at the end of the lease...
Beth L.
Questions--How to use a Property Management LLC as the "face" of my rental business
So currently we have a number of duplexes being held each in its own LLC, with separate bank accounts and everything. I feel that before this venture gets too large, that I should create a Property Management LLC to b...
Deanna Skelcy
help for new landlords
My husband and I purchased 2 SFH in the last year. One was rented out 3 weeks after we took possession and one we just finished rehabbing with a renter due to move in next week. Our renters bought a home 6 months in...
Eric Bradeis
Tenants with pets...
So when the tenant pays a pet fee, what exactly does that cover? Say for instance the tenant has a cat and at the end of the lease u find multiple pee stains on the carpets as your doing your move out inspection. Did ...
Elizabeth Maloney
Unreasonable Move Out Fee?
Hello, recently I lived in a Townhome, and due to financial reasons, had to move out.
We received extra expenses upon moving out, most of which we believe we should not have to pay for, so I'll go into a bit more det...
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
It's possible to buy property in Germany with as little as 5-10% down, making it an attractive option for service members and civilian government employees stationed there or planning to settle. Here's what you need t...
Shawn Costley
Alarm/Security Systems for Rental Properties
Are many of you adding alarm/security systems to your SFH rental properties? Are they considered a "value add?" What type of systems/service are you using and how is the monitoring fee handled between you and the te...