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So, I rent out my basement floors to some friends. We have no lease and it was intended to be short term. The term has gotten longer, which we're ok with, but now they have some "needed maintenance". 1) I have yet to...
I am buying my first duplex out of state. Seller doesn't seam to be too interested in me getting a realtor involved as they would have to pay the agent to do the paper work. Seller is suggesting to hire a real estate ...
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I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...
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Our property manager (an employee) is handling incoming calls from prospective tenants and existing tenants and the call volume is too high for one person. We want to have him handle prospective tenants and outsource...
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- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...
How do you handle callls from sellers? Do you use a company that answers calls?
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When looking at investment properties, sometimes I come across ones that have tenant at will, usually long term tenants who are paying way below market rent.
How do you guys handle these situations to try to bring th...
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-Tenant moved-in on March 2019 and signed a 1 year lease-Tenant just received a promotion which requires him to relocate-Tenant wants to terminate the lease earlyHow have you handled this situation?
So I’m in unfamiliar territory here in regards to an inheritance, so I figured who better to ask than the experts here. Here’s my situation:Unfortunately my father passed away a few weeks ago, and my sister and I are ...
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For you seasoned landlords and PMs, I was wondering your thoughts on this language in a PM contract, related to funds handling. Thanks!
"4. ______ ______ If this line is initialed, Owner agrees to open a checking a...