My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
Hello all!So, I've been in this landlord game quite some time now, and my second largest business expense is mildew abatement.Let me explain.Most of my properties are in Monterey County, where we get a lot of humidity...
Hi all,
it is rare that I actually create a topic although I like to post on other issues. I had a few thoughts come in to mind as I just came across a vacant property. The property is located in a nice neighborhood,...
Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."Th...
I have a problem tenant that does not pay rent on time or the way it is in the lease to be paid. Due on the 1st late fee on 5th. Direct deposit to bank. Almost every month I pick up cash on the 5th
Last month she t...
Tenant reported bed bugs even though I've never seen any there and no previous tenant ever complained of bed bugs. They moved in from a hotel...Although I'm going over there today with an inspector, my biggest conce...
I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...