Paul Salmela
Maintenance Items
In the past few years I have purchased several rental properties (up to 19 now). Most of these properties are townhomes so I’m typically not responsible for most of the outside items. I have started to compile a ch...
Sam Faas
Anything to do when returning security deposit?
I had a situation recently where the tenant and I, mutually agreed that a move out was in their best interest. One of the conditions I agreed to was returning their full security deposit without condition after 10 da...
Dan Forler
Move out Secerty deposit
Hello All,This is my first turn over at my duplex. When I purchased the place one of the existing tenets have been there for 5 years. I carried over there lease and security deposit with the purchase. The question...
Julie Park
Using security deposit?
This is my first multi family property and one of the tenants are moving out early. I found another tenants but I am unsure if i could use security deposit (from the tenants who are moving out) to pay for deep cleanin...
Joe Bruck
Appraisal in Baltimore
Does it make sense that my appraisal came in at only $35,000 ? for a 4 bedroom ,1 bathroom ,1500 sqf house in zip-code 21216
Paul Ksenofontov
Can I deduct from an inherited security deposit
Hello all,I recently purchased my first multi family and inherited two tenants. We successfully evicted one of the units to occupy that side. The tenant who we have evicted had a 2,000 dollar security deposit that we ...
Samuel J Claeson
Inherited Lease Agreement/Security Deposit
Hello,My wife and I recently purchased a Triplex in Minnesota and inherited tenants in each unit. Since we purchased the home using an FHA loan, we are required to occupy the home for one year. Therefore, I had to g...
Kyle Majors
Using Comps
I recently looked at some comps and they did not go into much detail about the interior condition. My first question is, do comps from the mls ever go into detail about the interior condition? Secondly, if comps do no...
Reh N.
First Time Investing In
(SORRY IN ADVANCE FOR WRITING SO MUCH. THIS IS MY FIRST TIME IN REAL ESTATE) Hi, So I am looking into purchasing a property for the first time. Here are a few things to consider prior to forming an answer. -It is a si...
Logan M.
How I determine if a Mobile Home Park is a good deal
Currently, I am going through due diligence for a new community. This community has 10 POHs, 4 TOHs, and 2 vacant spaces. There are a few major factors that I consider when looking into a deal-making sense.Let me firs...