I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
This is going to be long and I wasn't even sure what to search for to see if something similar has been asked but here goes. Rental permit was up for re-inspection in March. At the time my 4 plex had 1 renovated unit,...
Help! I've been in property management for years but haven't run into this problem until now. I had an applicant whose landlord verification came back showing that she had an infestation of bedbugs and roaches. It was...
I have been interested in real estate investment for 9 plus years, but have never been in a position financially to make it work. This year I decided I was going to make the jump into real estate investing and met wit...
I have tried to make it a practice (recently) of giving something away whenever I have come into some unexpected cash. I realize that I could do (should do) more, but I guess you have to start somewhere.
A few times...
Tenant lives in a 2bed/1bath apartment. She was given two weeks to clean the place. She removed a lot of stuff, but this is the end result.She is very nice, pays like clockwork, communicates well, and never fusses. Wo...
Hi Guys,I am screening tenants now for one of my rental units, and as a fairly new landlord, I have a few questions.1) SPOUSE NOT ON LEASE: Someone called me recently and said they are interested in the unit, but he w...
Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
Hi, has anyone dealt with tenants who claim they are immuno compromised? Is this a "protected class" (rental is in Virginia)This tenant has had a minor electrical repair issue over the past year, but when I send som...
Hi, as the title mentions we got a new tenant and a month ago and she saw a Silverfish bug once and asked us to get an exterminator. We kindly replied that these bugs are harmless and that if she saw one it’s not that...