Matt Haaga
Transferring a building between family
My dad owns a duplex outright, valued ~350k, and renting for $2,200/mo. The return on equity isn't ideal, but he's retired and holds the property as a stable source of income. He doesn't like being a landlord. I have ...
Marcus Brown
How much should I expect to pay a securities attorney?
In the near future I'd like to sit down with one to discuss the finer points of raising money and how that can be advertised, along with possibly having some documents reviewed. I'm not raising money at the moment, ju...
Henley H.
Security Deposit Refund?
We rented our 13 year old cabin to a tenant who put nail holes in the pine hardwood floors and also around wooden door frames and wooden baseboards. The lease addressed this and stipulated no modifications without au...
Amy Little
Advice - best way to handle this property damage issue
A very Jerry Springer incident. Would love some advice.I had 2 roommates(boyfriend/girlfriend scenario) renting a unit from me. GF calls me to tell me that her BF was violent with her and she wants him gone. She also ...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Chris McNair
hard money funding
hello im chris I am looking to invest in triplexes and duplexes in philadelphia . I currently am interested in a property for sale for 37000 with a ARV of around 100000 to 150000 dollars i need around 30000 for rehab ...
Brad E.
Deducting lock change from security deposit
I just closed on a property with an inherited tenant. The tenant is moved out and really hasn't caused any noticeable damage, however I did not receive a move in condition report from the previous owner.I do have the...
Andrew Dicks
Question Surrounding Security Deposit
I recently purchased a property in Wisconsin and when I received all the paperwork I did not receive a damage checklist or condition document from the tenants. Now one of the tenants is leaving and left cigarette burn...
Lyle Cooper
Tenant wants to break lease early
I have a high end rental property in Manhattan, NYC, . The tenant wants to break the lease early (6 months before lease termination). According to what I've read online, the tenant is obligated to pay the remainder of...
Johann Jells
Would you withhold security and how much?
Tenant of 2 years moved out and left the place barely broom clean, but with food and dishes in the kitchen cabinets, lot of nail holes in the walls, the floors in dire need of mopping and marks on the walls. They were...