Looking for guidance about setting up direct bookings for guests outside of platforms like Airbnb, VRBO for both guests and myself as the host to avoid the fees. How do you go about vetting inquiries to ensure it’s t...
I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Created a suite in my primary and just received my first ever rent payment. One day late, but paid. I had a daily fee listed for late rent, but no late clause for a security deposit. She said she should be able to pay...
I just closed on a property, and the seller let me know that a security system exists at the property. It sounds like the cost of this was billed to the seller, and the tenants were reimbursing the seller each month. ...
I've read about them. and I'm dealing with them.
They think they can just use their security deposit as last month's rent, leaving the landlord holding nothing to cover damages.
Do tenants really have the upper hand...
Is there a way to find a private lender that I can secure a loan with using a property that is cash flowing and has over $170k in equity? The loan would be on another longterm rental property ?
Hi fellow Ohio landlords, The law in ohio requires that landlords pay (5% per annum) interest on security deposits over one month's rent that are held longer than 6 months. http://codes.ohio.gov/orc/5321...Will the c...
I have a tenant that is a friend and former coworker who has been late on rent 4 times in the past 12 months. He has auto pay set up but due to some financial issues, the account sometimes has insufficient funds so hi...
I've had the good fortune thus far to have tenants move in pretty quickly (within a week of lease signing). But with my latest property I am experiencing what I think is more typical.....that a prospective tenant sig...
Hi BP,I'm planning on partnering with someone on a future deal, the issue is they will be the one supplying the down payment which will roughly be $50-70k. We're going to do a simple 50/50 equity split on the ownershi...