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Tenant just notified us that the door in the bathroom is coming off the hinge on the second on third hinges. The 1st one apparently is already off. We have in our lease, tenant must maintain all appliances, equipmen...
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We are new to this and actually started as a fluke. We bought a house in a different area before we even listed our house. Long story short we had the opportunity to rent our house during slow winter months and now ow...
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Nov 1 I had my first tenants leave. I had many problems with them, being loud late at night, trash on the property, and basically had to send a 30 day notice to get them to leave.They actually left the property in pre...
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I am starting a PM company in the near future. I am curious what other PM companies do regarding inspections. Here are my questions:a. do you do regular inspections after a new tenant moves in and if so, frequency and...
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Ladies and Gentlemen, I need some feedback. I need some knowledge. I would like to know what’s next? Has anyone else dealt with issues like these before? Property is a 3plex. Non rent control area. Se...
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So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
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I have sent 2 notices to my tenant to cease habitual late payment. Both were certified and both were refused and returned to me in the mail. What should I do? Did these 2 notices count? I also posted it on the door...
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I have a home that has come available since my previous tenant bought a house. She’s currently paying rent on the lease since she wanted out in winter but it’s sitting empty. I’ve been trying to get it leased out for ...
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I've got a deal that I think is a good one, but am a little uncertain about some of the numbers:Here is the deal:Duplex with $750/mo rentPurchase Price $28000Down Pmt $18000Owner finance $10000 at 0% for 5 yearsClosin...
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I purchased a 2 unit duplex (2 bed, 1 bath each) last October. Previous to my purchase/upgrades, rents were $650/$750 split top and bottom including utilities, they are now $905/(N/A). Completed many renovations in th...