Wesley Jensen
First Property Tenant Potential Issue
Hey Everyone,I am buying my first rental property soon (closing 1/30) and have a strange predicament. The property is an upstairs downstairs duplex with a tenant in the top unit. The top unit was rehabbed prior to the...
Lisa Hoover
WHAT TYPES OF INSURANCES SHOULD A LARGE PM COMPANY CARRY??
What types of insurance should a professional large pm company carry to protect MY SINGLE FAMILY HOME due to their neglect, poor management policies?
I gave my $300,000 move-in ready beautiful vacant home to this larg...
Bill Dodge
List of excessive damages that can be deducted from deposit
My first tenant is moving out and it is not going smoothly.There seems to be a lot of excessive damage to the house and I want to know what is normally considered excessive damage.Is there a standard listing of typica...
Mike Nichols
Community well in potential purchase
We are looking at putting an offer in on a couple duplexes. We have a couple of concerns. First would be the wells for the duplexes are community wells that are not owned by the current owner of the duplexes. One well...
Lee L.
former tenant sends lawyer letter over security
So, long story short, I am confident that my with holding of a portion of the security deposit was correct and accurate, and that it was done in the lawful time frame. I get this letter saying really a bunch of nothin...
Spencer King
HOA Missmanagement Question
Hi Everyone ,
I am a new investor. I have recently purchased a new condo on the Eastside of Athens, GA. I have spent the summer renovating the inside, and I am really proud of how things have turned out. However, now...
Christopher Ballesteros
Incentives and Consequences for Tenants
Considering the supreme court is allowing the eviction moratorium to remain in place, what incentives can you offer tenants to ensure they pay their rent month-after-month?Furthermore, what consequences do you have in...
Jordan Coates
Due Diligence: Things not disclosed
My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property. It's a 3BR/1.5B SFR. There are several issues with the house that are not huge deals (individu...
Kai Sato-Franks
Buying a condo in Alaska
Hello! My girlfriend and I are currently in Fairbanks, AK while she finishes up her Master’s degree. We are planing to move out of the AK for a while and come back in time. We recently got approved for a grant that co...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...