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Our PM owns us about 6 months of rent. According to contract, he needs to pay the balance 30 days after the end of contract (we ended it with him due to tenants complaining about negligence). Now the deadline is here,...
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Want to learn how 15 seconds could save you $50,000? (Man Doesn't that sound like Geico) Keep reading! So we bought a home in Lawrence Indiana that was tenant occupied at close. Now if you're buying direct to seller y...
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Hello all,
I have a Tenant who is in the process of being evicted. He has been served 3 times in the last few months. He agreed (and signed statement) to move out by the 15th of this month, but apparently Leg...
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I had a rough tenant who finally moved out. It’s been a long 18 months and to no surprise she left the place a mess. We replaced all the upstairs carpet. I only charged her for one room because it smelled heavily of d...
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We just sold a retail/service center we owned utilizing a wrap around mortgage. We bought the place 4 years ago for about $1.3 million with a $650000 new first, 15 year at 4% fixed (btw, no personal guarantee on the ...
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My friend just rented his place out to a new tenant, with a move in date of this coming Thursday. New tenant is going to pay for all utility...His previous tenant moved out about 2 weeks ago and city shut down water a...
Hi, I'm new to this site, but I received a tenant call yesterday stating that they had no heat? I called for a weekend service call, extra charge of course? Tech left after slightly cleaning the ignitor and mentioned ...
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Back in December of 2016 I made a huge mistake and rented to 2 young men who worked in the oil field. I thought it would be great because they would be gone 1/2 the time. Soon after they moved in they backed over a ...
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Hi all,We have a rental property, where we had a sewer line backup happen in February last year. The sewer water came out of the toilet on the first level and destroyed the carpet, drywall, etc. Had to call the insura...
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Just curious,I live in NY, so we deal with Con Edison. How do you Landlords set up a new tenant with the electricity bill?Do you set it up? Do they call the company to say they will be receiving the bill now, etc?