Hi All-Pardon this long post: I had new tenants moving in yesterday morning at 9 am. They were coming from out of state so I had made assurances that the place would be ready. I made assurances because the depart...
Hi Every Just a quick question does anyone set-up their renters on a one year lease where they pay weekly instead of monthly. I'm looking at a property where they have done this and they told me they make more that w...
If anyone has ever had this situation before and could shed some light on how it handled I would be forever grateful.I just closed on a househack this weekend - a 3 bed 2 bath home with a 1 bed 1 bath carriage house i...
I prefer older buildings when it comes with rental. They tend to have better bones and better quality construction...but I hate the bathrooms that comes in teal, pink, yellow, green, blue...I have nine bathrooms in ...
Do you change locks or have them rekeyed every time a tenant moves out?
Hi!My husband and I just went under contract on our first property! It’s a duplex that has been totally remodeled. The units do not have a washer, dryer, or fridge. The units should rent between $1500- $1700 because t...
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
A friend who is not an investor is buying a house to live in. This is her first home purchase.She has had a less than stellar experience with her agent, her title company and her experience in general. At the last min...
Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...