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I recently had a tenant break their lease and move. How my lease reads is breaking the lease will result in loss of deposit. I told him if he kept the property clean and I was able to rent it before he moved he could...
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Hey all!So I have read a book or two, listened to probably a hundred podcasts, and everyone seems to have the same general idea of what you should be including for your expenses on your deals. Everyone also has the sa...
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Newbie here. If I own a 10 unit apartment complex and it is managed by a local property management company; normally, whose responsibility is it to cut the grass?Is lawncare/landscaping usually included in a PM's 10% ...
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Hi everyone
I am currently managing my duplexes using RUBS for water and sewer. I do the math each month and send my tenants a “rental invoice” which includes how much they owe in billed back utilities plus their ba...
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Hi there,One of my duplexes in Harker Heights (which is right next to Killeen) has not paid rent for months. Longer story there but learned a lot. Anyway, I had my court case this past Monday and of course won. My que...
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I am creating Baltimore County, Maryland Tenant lease and want to know if you can make Tenant pay $50 for each service call or $50 for each Repair. Is this legal in Baltimore county? If i am not mistaking, Landlord i...
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Hi BP community! Looking for some insight on my current rental property in Cambridge, MA.It is a Duplex (Up-down). Currently, we have an empty basement and shed. Do landlords in this market charge for storage space? O...
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I just got a notice from my property management company for a long-distance rental property I have that they are scheduling fall inspections. The inspections are $175. This is my first rental property (I purchased in ...
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What constitutes normal wear and tear? What would be beyond wear and tear for a nearly 5 year long tenant? Several parts of the new fridge (at move in) have been broken. Floor is ruined where front door leaked for a l...
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I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...