Account Closed
New landlord seeking any bit of help
Hello and happy new year,I just closed on my first 3-plex today. Here are some high-level description and concerns about the property:-The property is fully rented by the same tenants for the past 5 years. -Tenants...
Megan Greathouse
Legally renting to 4 or 5 students?
I'm about to put an offer on a single-family property less than a half mile from a very nice university in St. Louis, MO. It's a clean 5 bed/2 bath house that would be ideal to rent to students. However, St. Louis Cit...
Adrienne McCloud
Best way to manage property out of town
My family owns two houses in Brown Springs, Birmingham, AL. They were passed down in the family so no mortgage. Over the years it has been hard to find honest and reliable assistance managing the properties. Any sugge...
Account Closed
Applicant has no job but wants to pay 6 months rents.
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Arnie Guida
Flooring Options
Our standard routine between tenants was repairs, paint, flooring.
The last time I had an empty, my flooring guy made an odd comment to me. He said, "You're one of the last owners that puts carpeting in." That got m...
Michael Calderaro
Laundry Room Issues - How commissions are paid to your property
Greetings Gentle Readers!Today's topic is one that is of some concern to multifamily apartment owners currently in a laundry lease or thinking about signing a laundry lease."Commissions" is a colloquial term used by l...
William Oshea
Short Term Rental in North Las Vegas?
I understand short term rental is getting a lot of regulation in Las Vegas, but North Las Vegas has more lax regulations. Does anyone have thoughts on 1. regulatory environment 2. rental appeal of NLV.
Kim Knox
Tenants and Heroin Use. What is enough to get booted?
First of all, Merry Christmas! I hope your holiday is full of love and laughter. I need your help, I am a bit out of my element. I have rental properties, but this problem is foreign to me. It has me very worrie...
Marcus Auerbach
This is what happens if you don't change furnace air filters
Yesterday I got a call from a tenant telling me that his furnace would make an unusual noise when he turned on the AC the first time (yes, end of June - that's one of the perks of living in Wisconsin). I asked him to ...
Steve Fitzgerald
What do you look for in a property management company?
Why are your criteria to define what a good property management company is? What are your non-negotiable?What are the red flags?