Hi, I recently inherited a 6 unit apartment building that is located in a prime East coast location. Three of the 6 tenants have been there for a long time and the previous owners chose to forgo raising rental fees on...
I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...
I have a tenant that hasn't paid rent. This is my first time dealing with this problem and looking for some insight on what my options are. After talking with the tenant multiple times over the past month, it sounds l...
Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
I was wondering if I could get some input regarding a situation I just encountered. At the 4plex I closed on about a week ago, I inherited 4 tenants. Only 1 of the tenants is on a one year lease that runs for anothe...
I recently completed the process of going from removal of a tenant to receipt of funds from a wage garnishment. I thought I would run through the process for anyone about to go through it for the first time or thinki...
I rented an apartment ages ago. When I finished my lease and left, the landlord deducted an amount for professional cleaners from the security deposit, although I did not leave the place excessively filthy. Now, I am ...
I just rented out my 2nd property in Pleasantville, New Jersey on September 1st. It is a 1,368 sq. ft. 2007 2 story colonial foreclosure. Check out my 1st post about the 5 kids & 3 jobs. I am closer to firing one ...
I manage a retail building with five units. Recently, there were two vacancies. One unit was leased to a vintage clothing store. A month later, another clothing store was interested in leasing the second unit, two doo...
I was wondering...I remember reading about in Florida that on average the tax value of a property is about 70% of the actual value.
Anybody know about other states?
Anybody know if it is generally true that a proper...