Hami Hot
Attorney won't return deposit
Attorney won't return deposit!
Hello everyone,
Buying: I have been reading for long time, and finally made my move last month. I placed several bids on a townhouse, and finally got it for 123k. 6k needs to be pa...
Jay Garrison
tenant refuses prorated rent, hasn't changed utilities - chicago
Hi,
I have a tenant that moved in on August 16th; before she moved in I sent her a text telling her I would prorate the rent in September and that she had to pay a security deposit + one full month's rent to move in....
Zachary Schimenz
Are bad neighborhoods really bad if you have a property manager?
I hear the advice pretty often that you want to stay away from D neighborhoods, but if you're hiring a property manager anyway, why does this matter? You won't have to visit the property anyway, so as long as the num...
James Reed
Nearly impossible to cash flow?
Hi all, first time to post to the forums. I've been quietly studying and lurking for almost 6 months while stock-piling cash from the busy sales season for my industry(OND!). I've now got some time to breath for a c...
Tommy Cliff
Mold Problems
I recently discovered mold in one of the rooms in my house had come back, and it's worse than before. I have been doing more research into DIY mold removal, and most people advise using a bleach and water solution. I ...
Lee Brewer
Haven't received rent check but tenant says it was sent/cashed
I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
Nick Connor
Partnership Buyout
Hello,
I was wondering if someone could give me an unbiased opinion on my current situation. My business partner and I invested on a duplex together a couple years ago and all the sudden he decides he wants out. He...
Ryan Huffman
Tenant Turnover Costs
My tenant recently moved out of my rental in Birmingham, AL and looking past the fact that I didn't know about the vacancy until after it had happened, I recently received a note from my property management company as...
Mark Marinaccio
Seller wants to remove my escape clause
I have a seller that wants me to remove the language from the purchase offer that would allow me to back out of the deal but I'm hesitant to do it for obvious reasons.Anyone have any creative ways to help protect myse...
Kundan Chand
property with negative cash flow
I am first time looking to buy a residential condo in Orenco station area Hillsboro for $290K, which rents for $1700. But when i put in the numbers, the online calculator shows negative cash flow. I was thinking that ...