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So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
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Hello fellow landlords,
I hope you're all doing well. I wanted to open up a discussion about an issue I've encountered recently in my California rental property (7 yrs old home), and I'm sure many of you have faced s...
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I took a plumbing class recently to be a more informed landlord. The teacher said that water heaters should be replaced at the end of their warranty (often 10 years) and not to wait until there is a problem to replace...
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So, I've been working on saving for an investment property (1st one) and along comes an opportunity to buy an apartment building (6 units; $130k). It needs a lot of work, but it is fully occupied with long-term tenan...
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Hi, I am a 23 yr. old mother of two (5yr and 2yr) and I am living in a section 8 rental home. I moved in the home on Nov. 1, 2013. I am not satisfied with the house now because its not energy efficient and uninhabi...
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Hello Everyone,I recently purchased a townhouse in the Outer Banks and am having some issues with the HOA regarding maintenance on the exterior of the property. It has cedar siding that is rotten and needs to be repla...
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Greetings from Wichita. This question is not for political debate, we are aware of the laws of Kansas regarding firearms. We would like, however, to be proactive and not surprised if a tenant owns a firearm. We would...
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For those who find their own tenants, maybe particularly for low income units, do you include any lifestyle questions in the application or screening process? For example, info on whether they own a lawnmower, how th...
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Hi all, I have tenants whose lease is up end of Sept and they asked to change it to month to month since they're new place will be ready either end of Oct or end of Nov. I have agreed and that's based on our lease doc...
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My tenant in Kansas City, MO had to wait 2 weeks to have ac blower motor replaced. I went through my home warranty company (2-10) and their vendor didn't send diagnosis to them in timely fashion and home warranty com...