Melissa Kelley
Charging for Work Done by Yourself vs Highering
Hello Everyone! This is my first time posting, hopping to get some clarity. How do you accurately charge for repairs, cleaning, damages and labor for things you do yourself verse highering someone when your tenant mov...
Ernesto Correa
Does renting a room to an adult child qualify as being a landlord
Hello,I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".Thanks
Lashawn McCauley
NYC Program that pays 1 full year of rent
NYC's Human Resource Administration (Public Assistance) has a program called S.O.T.A (Special One Time Assistance) specifically for employed people whom live in NYC shelter system. (Most of the people fell upon hard ...
Jeremy Namen
Confused on Deed of Trust issue
If I executed a Promissory note for $350k and concurrently a Deed of Trust that secures 3 properties up to $350k and if this is the total obligation owed to a lender, can the lender still hold a previously exe...
Nicole Johnson
Ground up Construction Funding 6 Lots
Hi! Any suggestions on the best way to structure this deal with the lowest out of pocket cost?
6 Shovel-Ready Lots in Texas within the same sudivision
Cost per each lot $140k
Build Cost per each Lot $500k
Total C...
Chris Duffy
Lease renewal for existing tenant
Newer landlord question - State: Florida - So I have a current tenant in place paying me $1425/mo. Her lease is up mid-march and I am increasing her rent to $1600/mo. which she is fine with. I'd like to draft up a new...
Jim Francis
Can landlord raise security deposit?
I wanted to know if a landlord is allowed to raise their security deposit every time they increase the rent. Whenever they raise the rent, they want to increase the security deposit so it is as much as the rent.
Is ...
Gary Robert Burnham Jr.
Tenant Short on Cash To Move In
In the 12 years being a property manager of my own properties I have meet some great tenants. I have also turned away some potentially great tenants because they simply did not have enough cash to move into my units ...
Jon S.
How do I Acct for dep after tenant breaks lease?
Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...
Paul Bowers
How to apply the 3x rent rule of thumb
I maybe renting a SRF to three friends. I will make each of them sign the lease but was wondering if you would expect each to meet three times the total rent or only three times their share?