Nam Trang
Pet fee, what would be reasonable?
I do not intend to charge my tenants a pet deposit or monthly pet rent. Was thinking of a pet fee in the amount that a deep clean would cost? Carpet cleaning and house cleaning. Would $250 be reasonable and if the cle...
Tracey G.
New landlord with inherited tenants - what to do?
We just bought a a house last month in a college town that has three young 20's tenants. They will be our tenants until next May 31, when their lease ends. (This is about two hours away where our son goes to school.) ...
Trailson Moore
dogs, dogs, and more dogs
Hey all, just had a very enthusiastic applicant apply with 8 dogs!! Have not received the applicant screening back yet. They were curious to see if I would lower the pet fee or allow them to pay it over time. The pet ...
Nitin Gove
What are different ways to safeguard new out of state rental property ?
Hello Everyone, What are some of the things that you do to protect your out of state rental property in initial days after purchase ? Would love to learn from y'll.
Mike Link
Insurance for pool on a rental?
I have a client who is looking to rent out their home but, is concerned about liability due to their pool. Does anyone know if there is some type of insurance or protection for landlords with a pool? Could the owner b...
Ivan Chirolla
Can a parent-in-law lend to a SDIRA (non recourse loan) from non-IRA funds?
Hi:Question for the group. Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)? The sources of the funds are not IRA funds but regular accounts.Do you have resources or recommended la...
Account Closed
Top Laws Michigan Landlords Miss
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
Dan Borecki
Massachusetts Banks for Security Deposit / Last Month's Rent
Hi All,
I am a first-time landlord in Massachusetts and just received a security deposit and last month of rent from my 2 new tenants. I am familiar with the rules surrounding the deposits, but do any of you...
Melanie Langlois
Alarm system for short term rental SFH
Hi. We have a SFH in Fort Lauderdale for short term rental. We are out of state investors. I was wondering if it is recommended to put an alarm system including motion detectors and window/door sensors or do you think...
Account Closed
Bank accounts for rentals?
I am purchasing a 4 unit and was wondering how to set up the bank accounts for deposits, cash flow and expenses. I have heard of trust accounts and commercial banks....getting confusing. Thanks