I have a 2 part question. First off, I am the Landlord of a residential home in Texas and with the recent storm my tenants lost power for over 36 hours at the property which caused the tankless water heater to freeze ...
Hello All! I just finished book 7th book of the year. I am a little behind but I have been traveling a lot and picking some pretty long books. I might have to get a few shorter ones in so I can hit my goal of 52 books...
Hey everyone,So I am in desperate need of some help, just purchased my first property at auction and I think I went way in over my head. Here are the numbers: I purchased the property for 98k as is, It is a nice two s...
Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had t...
Hello all! Quick question for those of you who own property in Ohio and have gone through an eviction process or at least started one. I have a tenant, who has been a good tenant for some time.. just recently (3 month...
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
A vacant unit that is not renting can depend on a number of variables, but I'm curious as to the thoughts on this.
As an investor how long do you expect a property or a unit to be vacant in rent ready conditi...
Hey all,We have a property in Greeley, CO and found out the tenant has not paid their utilities for the past 3 months and gas will be shut off today if they don't pay at least half of the bill today.This is our first ...
I have been looking at properties in a largely hispanic apartment area. I'm curious how would the landlords here screen their tenants? Since most of the tenants here are illegal immigrants they probably have no credit...