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I was reading some forums and it got me thinking as I am creating my own lease. I've used several local PM companies leases to "learn" from. What have people added to leases after learning from the school of hard kn...
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I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
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Hello! I would like to ask for some input and helpful information, for using a Heloc as a means to paydown mortgages quicker.I have 4 properties. 3 are rentals, 1 has an attached casita. And my 4th(primary) property W...
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I've had a multi-family rental near Syracuse University that I've rented to grad and law students mostly without incident for the past 12 years. However my last batch of tenants struggled to pay on-time every other mo...
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Hi
I have a renter lined up for my first rental property. At the beginning of January during the screening process, we spoke with current landlord and he gave a very positive recommendation for this tenant -...
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Hi All, Im thinking of purchasing to buy and hold. Its a 3 fam. Two of the units have electrical heating. Ive read about the landlord pros and cons but was recently told that tenants will not want this rental because ...
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What is the most important thing that a new investor needs to know about investing in Low income areas?
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So I have a bedroom I am trying to rent out and I have been getting emails from a woman that claims to be in a remote fishing village in Alaska right now and is moving to Austin. She says they don't have phone service...
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I own 1 rental property in Sarasota, FL, I live in NYC. The home has well water and I hired a well maintenance company, the system has had some issues since they moved in. Every time water is restored within 24 hours,...
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I'm new to landlording so please bear with me.
I'm closing on a condo in the next month and I'm not sure if I should collect last month's payment or a security deposit. The condo is in a low income area so I don't...