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The people renting my place would like to set up auto-payment... that seems like something that would be advantageous for me. Is there any reason I should not do this?? I have a separate account that I've set up for...
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Under Contract for a duplex Should I always pick up the cost of the water, sewage, and garbage or is it common to hand off some of these costs to the tenant? Or just add it to the cost of the rent.
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If it's not in my lease should I have to pay for unexpected expenses?Like paying to clean out septic tank because it was full and over flowed into my house and it took my landlord a month to get someone out to do it.h...
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Well I’m about 3 years and 6 rentals into my landlord career and I finally have my first tenant refusing to pay. Rent is about 10 days past due, and the quarterly utility bill is about 30 days past due (it’s tied to t...
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Hello everyone, So a few days ago I found a small hole near my sewer lines in the basement where water was gushing out. I called a plumber and City PWD for inspection since I didn't want bigger problems (enlarged hole...
I know probably some of you actually have. What's a typical year like in the landlord-tenant relationship, though? Do you expect two or three issues per tenant a year or two or three a month? A week?Thanks for any rep...
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Hi I live in Illinois and the governor has shut down public schools, bars and restaurants state wide for the next two weeks. There’s uncertainty if that shut down will be extended if the virus spreads. I have tenants ...
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Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
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Interesting article in the NY Times today about how a lack of young first time home buyers is affecting the market, either by them being shut out or just choosing not to buy homes.Tight lending standards and shortages...
Just getting started and wondering how many of you manage your properties yourself versus outsourcing? I’m for sure leaning towards outsourcing as the appeal of getting a call at 3AM for a clogged toilet is near zero....