How do you manage security deposits for a non owner occupied apartment rented out by the room? If there is damage to shared space ie: kitchen and bath, do all tenants become responsible or must the landlord cover this...
Can anyone help me with this dilemma? So I have two units, that the electricity for both is under one meter. How do I proceed to rent out these units? If I pass the electricity costs to the tenants, then I leave the ...
Hey Everyone,
So here's my situation:
My wife and I live in our studio ADU and we rent out the main house. Over the last couple of days we have seen what looks like handymen coming through and we haven't called any...
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
Hi all,Does anyone have any lease language that you use to transfer responsibility of excess water use to the tenant?Some context: I have a clause that says...(g) Water may not be wasted. Washing of vehicles is prohi...
I've considered turnkey investments (provider buys property, totally rehabs it, then sells the property with a tenant and PM service in place) but I can't see a the viable exit strategy with this type of investment. ...
What are some of the hidden costs associated with buying and flipping houses?
Tenants moved out (in UT) after 1.5 years and had professional cleaners come in, but still left the sfh dirtier and in worse condition than when it was rented to them. I spent 30 hours touching up small gouges in the ...
Hello! I’m a newbie and in the process of purchasing a side by side duplex in the twin cities area and will be owner occupying one side. When it comes time to renew the lease I would like to shift some of the responsi...
Hi,I would like to know whether anybody has used Home warranty as means to reduce any major maintenance cost. I am wondering whether its another "insurance" where, they are nice when e buy it but when the real repairs...