Carlos Flores
Vacation Rentals - How do you handle reservations, deposits?
My daughter wants to rent a condo that's available for daily rentals, like a vacation rental or hotel. It's listed on Trip Advisor. The owner asked the deposit (50%) be mailed to reserve the unit, but had no paperwo...
Martin Z.
How are commercial agents handling long distance listings?
I noticed some brokers are listing properties for sale or lease that are 5 or 6 hours away from them, or even in other states. What happens when a prospect wants a showing?Thanks
Miguel M.
How are liens handled after a bankrupcy sale?
I've been looking at Chapter 7 and 11 bankruptcies. In the motion to sell documents it usually states the property is "subject to all liens and encumbrances, if any" and then usually follows a list of the liens in the...
Ian Smith
Rental converted to Personal, how to handle HVAC
Lived in house from approx 2000 to 7/2014 at which time i rented it out. In Late 2015, i had to buy a new HVAC which meant that in addition to depreciating my house, i started depreciating my HVAC on a 27.5 year sched...
Matt Pieper
Where to buy brushed nickel door handles/ hardware?
Working on a project that I need to change brass door knobs out with satin nickel. Need appx 30 of these, and Id rather not pay Home Depot pricing. Anyone have a source of door hardware at a decent price?Thanks
Robert Niessen
How is prepaid rent handled in a sale?
Hi BP,
My wife and I are looking at making our first purchase. It's a duplex in Quakertown, Pa. One of the tenants has prepaid rent through August 2017. How is prepaid treated in a sale? Does the unearned portion...
T Davis
How Would You Handle Your New Property Managers
Hello All! My husband and I are starting a new job as on-site property managers. We are compensated via the cost of rent but our unit is not ready to move in. Our company wants us to start getting to know the resident...
Jennifer Klein
How to Handle a Tenant Breaking a Lease
I have a tenant who wants to break her year lease 5 months early. She has offered to pay 3 of the 5 months but keep her deposit and last months rent.If we let her go, having some buffer to find a new tenant would be ...
Sean Peters
Commercial Lease Renewal - How would you handle it?
Hello All,As I continue to deal with a difficult retail tenant in our family’s retail center, I wanted to get some input from the community as to what route, you as a landlord would take.Details:Property Type: RetailC...
Arthur Banks
How do you handle damage found during tenancy?
I was in the basement of my unit last weekend and I could hear the tenants children running and jumping and banging. This led me to believe maybe I need to check things out. I didn't do any inspection during tenancy...