Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
Greetings all. My first tenant have move out and I have assessed the condition of the property. Now it has come the moment where I have to place a value that will be removed from the Security Deposit.
Overall the pro...
I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
I'm setting things up to run with quickbooks for all of my accounting. I see there's an option to sync / download data from the bank for checking accounts, which could be quite valuable.
For this service, my ...
I’m thinking of putting solar panels on my rental but on the 9 storage units, not the duplex itself. Any suggestions?
I recently had a tenant move out who caused damage in excess of their security deposit. I sent them an itemized list of the charges/repairs and a bill for the excess. They are requesting that I send them copies of t...
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
Does anybody know if it is legal to make tenants pay the monthly solar panel lease fee and what the solar company is charging for the electricity generated? The lease that the property manager set up, that the tenants...
Hi all, I was wondering if you can legally charge Tennants for cleaning and painting fees on move out? or I'm thinking these tasks are the responsibility of the landlord/owner of the property. I guess a simple solutio...
I recently just purchased a duplex and plan to rent out one side for section 8/VA VASH program. One thing that enticed me was the potential for higher rents by honing in on the SAFMR and the zipcodes. However, after c...