Laurence Walsh-Hodson
Question on Property Managers
My current property manager wants to charge one month's rent (plus 10% of all rents) to manage a property newly vacated. This is a duplex and they already have a contract to manage the duplex, but they are saying they...
Henry Clark
LA Fires Taxes and Insurance
Folks this is meant as a beneficial post and not about good or bad positions. Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor. All situations are specific to indi...
Juneka Roswell
My house won't rent. HELP!
Looking for advice. We currently own a 4bd 2ba single family home. We constructed the home to add a granny suite. So now it's a 3bd 1ba and studio granny suite. It's time to put on the market and we can't get the home...
Weston Couch
What are your risk of a tenant suing you?
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
Pratheek Lakur
Deductions for repairs following move out
Hello,
Our first tenant is moving out early next week and I have had a chance to walk the property and have noted several damages. I have scheduled a contractor come assess how much the repairs would cost but wante...
Lincoln Lewis
Business Plan
Does anyone have a MHP investment business plan they would share? I've been crafting mine and I feel as though I'm neglecting numerous points. Any help would be greatly appreciated!
Craig Miller
Tree removal/driveway repair, worth it for rental or future sale?
Hello - first post here. A little background - I just purchased my first property in the Cleveland area, a duplex, and am renting one unit out and living in the other. I will (most likely in ~2 yrs) be relocated with...
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
Posting this duplex that I found here in the heart of Eastern Michigan, I've been frequently trying to run numbers on duplexes and investment property listings as an up and coming agent and investor to try and gain wh...
Rob Brautigam
Seller has not moved belongings...What would you do? Pics inside!
So I'm about to close on a 3-unit investment property tomorrow morning and I go check the place out tonight with my realtor for a final walk-through.Good thing we did that.The seller has basically emptied the basement...
Robert Steele
Security deposit deductions for smoking
Well I got my second less than stellar tenant in two years. Another single mom. Figures. A pity you cannot discriminate based on marital status. Anyway, after she moved out the place stunk like cigarette smoke. I knew...