Nathan Emmert
Non-Refundable Security Deposit
The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".
Am I correct to assume that's essentially income?
If so, from a tax perspective...
Brad Clarizio
Bed Bugs....dun dun dun
Well, it finally happened. One of my tenants (in a duplex- so that plays into it) is claiming they have bed bugs. They believe they came from the house next door (not the other side of the duplex) that recently had al...
David Tung
Refund the deposit or not?
I have a older couple decide to rent my rental property. They have moved all their stuff on the first day and plan to move in next day. 3 days later, the granddaughter who has helping her grandparents to find my renta...
Erin Spradlin
Do you generally like your tenants?
Frequently, I encounter people that are reticent to become investors because they believe that tenants are a major, consistent problem. I think this is a fair assumption as it is something that seems to be theme that ...
Kurt Traynor
Easy way to find a Property Manager
Wow.. the easiest way to find a property manager, go visit the properties they "Manage".. My wife and I have been searching for a rental for us to live in this past month and wow, I can't believe the condition of som...
Matthew Kirkwold
Telling Tenants You're the Property Manager
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Logan M.
It may not be a popular bragging point but it is needed
Yesterday, I had the opportunity to drive through a potential community with my parents. One of the regular comments was about the condition of the park and how badly it needed to be cleaned up. This is the point, if ...
Seth Martin
Tenant Advice
I have a tenant that lives in one of my duplexes and I am not sure what to do about him. He is good and bad.His good points.....Pays his rent on time, no questions askedHe maintains the property, and keeps it looking...
David Thompson
BRRRR on 4plex question
Im about to make an offer on my first 4 plex. Im planning on rehabbing the entire property. Currently 3 units are rented. What do you do about tenants during a rehab? Do you evict them? Do you give them first offer af...
Emily C.
Do we need a property manager to step in your building as tenats
I am living in apartment, very old apartment, that has no just have property manager because we have safe securty box right next to the front big door gate. Eversince few stanger and city of low income program step in...