Hey everyone!I have a row home rental with good tenants. I was informed by one of the tenants earlier this month that the cigarette and marijuana smoke from the neighbors in the adjoining row home was causing her naus...
If I purchase a property in PA at upset tax sale and there is an existing mortgage does it get paid off from the excess proceeds? Or do the excess proceeds go to the prior owner?
for example.. Upset price is $10,000 ...
Hi All, My tenant called at 10 pm on Jan. 1st to let me know that the furnace (natural gas boiler) was constantly cycling on and off and the temp was dropping in the home. I instructed him to contact the local HVAC c...
Hey everyone,I just read about the 2% rule and I'm wondering if anyone can tell me why that even works in the US. So as you know, the 2% rule states that you should aim for a property that has a gross monthly rent of ...
Examples of letters / notification of Excessive Damage that I can use as a reference when writing the one to my past tenant Damages far exceeding deposit Just looking for a standard format to followThanks
Hi everyone,I have one-year lease with the tenants. Tenants moved in in February but have requested maintenance very frequently. It has cost me $4000 since they moved in.The most common issues is plumbing. They use “f...
So I just brought in some new tenants on the 1st of June, after a well detailed screening process. One of the tenants is a handyman and has been making significant improvements on the home like: better flooring, havin...
New to the market, quick question and love inputs with explanations. I found a deal that cash flows very well, would it be beneficial for me to take that cashflow and pay extra on my mortgage to pay the property off q...
A current tenant has damaged the rental property beyond the normal wear & tear. (3 by 6-foot hole in dry wall; Garage access door complete broken off with damage door frame, the main entrance door way frame is bro...
...can excessive rain really affect my foundation?In many areas, the soil in Colorado is heavy clay. The soil is often red, derived from igneous, sedimentary and volcanic rocks that existed in the area thousands of ye...