I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
We have a young single woman who is a tenant in one of our properties who moved in fall 2012. She's a nice tenant and responsible. There was an incident a few nights ago when a big fight broke out on the street in fro...
Want to share my experience doing turnkey with REI Nation.I started buying my first property with them back in the summer of 2020. The property is great. I was very specific and insisted on a class A property. To date...
Hey guys,Covid special here, I am in forbearance and my mortgage company is leaving notices on my tenants door saying we have gone to collections. The property is an owner occupied triplex in Kitsap county, WA under a...
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...
We've found that most of the landlord owners that we deal with don't want us to let their tenant know that they're trying to sell the house for obvious reasons.
They tell us to tell the tenants that we're insurance a...
Tenant asked if they could have an outdoor fire pit-- the type you buy at Walmart that sits above ground.
Do you allow fire pits or swimming pools?
Fire pits are fun, but I don't think it's worth the risk to allow ...
I am looking at a 8 unit property that used to be a motel. It is now all residential units. The gross rents are 51k. List price is 389k.I know that price is way to high but the reason is that the property hasn't had a...
I have a tenant that is chronically late on her rent payments. Often she will send in a check and 10 days later I will receive information that there are Non-Sufficent funds in the account. The check will bounce mul...
First a quote:
If you have a corporation for `insurance purposes', i.e. so that you can't be sued, forget it. The courts find it very easy to go after the major shareholder of a corporation where that shareholder is t...