I've read that capital expenses shouldn't be included in an NOI calculation, but is it ok to include a per-door reserve? (By OK, I mean if I include it and use the resulting figure as reasoning for making a specific o...
We are brand new landlords with a class c duplex and had month to month tenants (4 young guys) who left the place in decent clean condition, gave notice on the 1st and moved by the 6th, paying through the end of the m...
Has anyone had success with cash for keys? How much did you have to offer?
I purchased a duplex a year ago with inherited tenants. One moved out immediately, and I took that opportunity to fix up that side of the duplex. Now it is fabulous and rented. The tenants in the second side smoke ind...
I have a tenant that’s been with me for 2 yrs now and just signed a 3 yr extension back in June. This is a retail unit in ft wayne in. When he Signed the extension I assured him we will be fixing some things in the bu...
It is 4 am but I can't sleep. I've rented one of my properties to a section 8 tenant. It is a nice house in a nice neighborhood. I just spent about $6k to repair the house so I can say that this house is in very goo...
Hey everyone,
I'm 18 years old, and I feel like REI is the one thing I'd be good at, since I have great people skills, as well as negotiating skills. However, I'm still "iffy" on some of the procedures regarding whol...
I had a few leases come up for renewal this month and have noticed a change in renter mentality. Of the 3 expiring leases all three said they wanted to remain tenants and were willing to sign 2 year leases. The...
I have a rental in California, I live in Oregon. I found out that the renters are using the property for a pot farm illegally. I was informed that I will fined $1000.00 a day if discovered (the renters nothing). I ...
or do i have to sign a month-to-month agreement?