Hello! I will be renting out a town house in a college town (Norman, OK). My question is should I charge a fee and use the money to do a background check? If they're a student I figure it wouldn't be needed. As for a ...
A prospective tenant with (great credit / clean background) of ours has a roommate that is here on a work permit. He has a Tax ID number but no Social Security number. Our current tenant screening company can only sea...
So I'm a brand new landlord; I've had tenants in my townhouse since 1-Feb. For their 1-Mar rent payment they paid with a personal check a few days before it was due, and I just happened to hold the check and deposit ...
Shortly after a new tenant moves in, do you check in with them by phone, or email ?If so, does this help your relationship with the tenant?Any other feedback on this question?Thanks
I am looking at a property near Morrison, Colorado outside of Denver. It has 'structural issues.' But my unfair advantage is I'm a structural engineer. And I'm not concerned. My concern is on the estimation of the reh...
Hi,
My wife and I purchased a home last August and set it up for a STR. It did pretty well this summer as far as generating revenue. We had major problems with Airbnb and VRBO not covering damages to the home after m...
There are several locks that can be opens using a key pad or smartphone to facilitate the check-in/out process: Lockiton, August Home, etc.Any recommendation based on your experience?
Do Lenders care , if the money that you hold, via " savings " in a account, is a Savings or a checking account?
I have both opened, but I am using my Savings account, as the account of which the majority of t...
I converted my previous primary residence into a rental when I moved in 2015 and it worked out great. Now I’m looking for my first property to be a rental from the get go. Hoping I can get a double check on my analysi...
Hi all - my wife and I made our first 4-plex offer last week and our deal was rejected out of hand. I am fairly confident in our valuation, but just looking for a sanity check:Asking price: $220KRent per unit (x4): ...