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Hi All,I am curious as to the average cost you guys will spend to make a unit rent ready, assuming normal wear and tear? I am nearing my first tenants lease, and have been speaking to my property management about the ...
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I bought a small multi-family about a year ago and inherited a terrible section 8 tenant who constantly complained to Housing dept. about every little thing and made my life hell... Her lease wasn't extended and she v...
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Hello everyone,I was curious on how you all handle the security deposit when you increase the rent. For example, I have a long-term tenant for 5 yrs when she moved in the rent was 800.00 and the security deposit was 8...
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I have a tricky situation regarding my tenant's security deposit.The situation is such that:- My tenants signed the lease in their name- My tenants employer agreed to pay for everything (1st & last month's rent an...
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I recently purchased a new property. One of my tenants wants her $300 depot back, she had this lease agreement with the previous owner 25 years ago. He is in Thailand and she has no idea how to contact him. She also h...
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OK so I am wondering how viable the more experienced guys think this is:I target older people on social security that most likely have their house paid for.I leave a letter from me introducing myself to them and makin...
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Hey I heard that some 1031 exchange QI's will actually give interest payment on the amount they hold? Is that true?For example--$100,000 in a 1031 held for 3 months would cost the investor $500. If the QI would pay ...
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I have a tenant that pays on time each month, but does not keep a clean unit. I have a $650 security deposit for this persons unit, but if the tenancy were to end today, it most likely wouldnt cover the cleaning, pain...
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Why do entry door handle sets break down on rentals? Its a mystery! The thumb latch seems to wear out and gets too loose on the sets I have been installing, and they are name brand sets. On my residence it never break...
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Hello BP. Need some direction, please. I'm getting ready to enter into a lease for a detached ADU and I'm wondering if I should increase the rent by $100 OR leave the rent as is and charge $100 per month separately fo...