In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, r...
I have a tenant who has been in one of my houses for almost a year. His first two months he paid on time. Since then he's paid late every single month. But he has paid and is otherwise a responsible guy. I hired him t...
Do you charge a rental application fee? If yes, then:1. How do you determine the $$ fee? ... is it per family, per adult, other?2. What do you include with the fee? (e.g. background check, credit report, etc.)3. How ...
I have a great tenant, going on Year 4 in a SFH in an Indianapolis suburb. I did a 6% rent increase ($90) for 2023-2024 and did a less than 2% increase ($30) this renewal 2024-2025. New rent is $1680. The increases a...
Does anyone pay a tenant finder fee to a property manager or agent?
We have a property manager that we pay 8% of rents to plus a tenant finder fee. He also wants to be paid per showing because we've had many showing...
We had sewer water backed up into a multiplex a couple of weeks ago. Our PM sent a water damage company onsite to extract the standing water on emergency.Later the company called and asked me to sign a contract so the...
Hello,Sorry if this has been posted before, but I wasn't able to find anything while searching for an admittedly short period of time.If I rented a SFR that is currently below fair market due to rising rent and the fa...
If the seller dosnt want to sell at the price I am offering and the next choice is a sellers finance how exactly does that work?
Thanks!
I have a wholesale deal I'm trying to close but the seller is asking for a 2% deposit to hold the home. I don't have the 2% to give him and I never knew that I had to give the seller that much of a deposit for him to ...
I have a renter that has told me they are buying a house. closing in October. They have been Paying on time but they will be breaking the lease at move out. I have a 750 dollar buy out in my leases. But now I wond...