Ben Black
Is it the “right” first deal?
Been listening to the podcasts for a couple years now...starting to become more knowledgeable and confident...I think?! Anyways, I hear Brandon turner say in the podcasts “just buy the first deal!” I know this deal is...
Sepid Pooy
Conditions to renew lease for a sale house?
I am renting a house that is going to be on sale soon. My lease will finish at the end of this month and I can move out or renew a 12 months lease while the house is on sale. My landlord will increase the rent 10% if ...
Ron DeMaria
What would you do? Furnace issue caused high electric bill
Here is the scenario.
Due to a defect in the furnace it may have caused the a/c to run while furnace running causing a high electric bill. Tenant is asking to reimburse electric costs.
If it proves the case, how wou...
Jim D.
The dumpster diver with a million dollar portfolio
Hi all, I've recently transitioned from lurker to active participant in the forums here, so thought I would formally say hi. My first purchase was 5 years ago, house hacking with my buddies as roommates. Knowing very ...
Dan Buchta
Handling Unexpected Costs in a Partnership
Hi All,I'm pretty new to REI but I was wondering how most people who have done partnerships would handle a large unexpected cost in a rental property. Here is the example that I'm thinking about:I form a partnership w...
Anthony Silver
Not renewing a tenants lease...
I have a a tenant in a SFH and her lease is up on January 31, 2016...I'm not interested in renewing her lease...we've sent her a certified letter notifying her to that fact, but I'm concerned about her vacating by the...
Paul Sandhu
Having a cookout for your STR tenants?
Several years ago, when I had less properties, every place I had was rented with people doing some specialty maintenance work at a refinery. I had the same 63 people renting from me for over a month. Now I have abou...
Ricardo Meza
Contractor wanting more money.
I have a contractor asking for more money because of an estimating shortfall on a design/build project. He's saying he underestimated the electrical and plumbing. I'm not inclined to pay him more, but the project se...
Account Closed
How does the tenant pay actually work for applications?
I checked the website of Rentprep and Smartmove, it says you (landlord) can pay or the tenant. How does that work exactly? Do I need to collect a check with the application from the tenant and then pay it as I screen ...
Brian Knox
How to handle hurricane effects.
How is it typically handled if a storm like Hurricane Irma damages a rental property or creates an extended power outage for a tenant?In other words, do I as the landlord need to put them up in a hotel or find alterna...