Clay W.
New investor - need advice
Hello - I have finally acquired my first rental property (a duplex) and I plan to get my feet wet and manage myself to not only learn but save money since property management doesn't pencil at this point.One renter se...
Stephen Kehoe
Baltimore Bans Security Deposits Requirements for 10+ Unit Owners
What was passed
Baltimore city council just passed a bill requiring owners of over 10 units to offer alternatives to security deposits. Alternatives include paying in installments and paying for insurance.
What now...
Lori Hoehn
Second non-refundable rental deposit
I wanted to know if someone could help me with a question, I have a rental property in DFW TX that I want to lease, but in the past many of my tenants that I have had have problems with renting because they don't have...
Aaron Harren
Tenant gave 1 week notice said they are moving out.
Tenant text me last week Thursday saying they are moving out on April 30th. They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...
Eka Linwood
Unreasonable Inspection Items?
A little history on the transaction - a Triplex with asking price of $235k, I offered $215k and the seller has countered with $225k. They have been trying to sell since May 2019 and initial price started at $295k. T...
Daniel J Jackson
Pets for more rent or no pets for less?
Hello all:I just finished rehabbing one side of a duplex and have two great tenant candidates.OPTION A: Will pay $1,250 and has no pets. 2 adults and 2 young kids. Great all around.OPTION B: Will pay $1,250 + $75/mo...
Chris Cambridge
Lines of Credit And How They Work
Business credit lines for Real Estate Acquisitions and Business CapitalTired of paying high interest rates to hard money lenders?What about giving up half of your profits to a funding partner?An unsecured credit line ...
Tracy Percival
Is it Worth It?
Hello all,
I have a 2 BR condo in SC that is currently being shared with my son and another college kid. I have a lease with the kids mother, who lives in Maine, until the end of December, to include rent and 1/2 of...
William Coet
Massive Water Bill From Leak. Will Insurance Pay?
The leak was caused by a hole in the water supply line. Does anybody know if homeowners insurance will cover the massive water bill (over 10k)?
Ann B.
Security/ Damage Deposit
I have two questions for your opinions and comments. The scenario: Tenant pays $500 deposit upon move-in. Throughout the years of tenancy, the rent has increased to $600 per month, but the deposit wasn’t ever increase...