I have a tenant that would like to pay the rent on the 15th of every month. They are about to move into the property and are most likely asking because we require a full month's rent as a deposit as well as a pet-depo...
what are acceptable ways of providing proof of rental income? Is it acceptable to HML to show check deposits in my account? Will this work for banks? Or is W2 the only way to show proof of this income? What tax breaks...
I don't know what to do.
I am about to close on this property but I am lacking $5000 in reserves. my mother is will to give me the money but that is considered a gift. she doesn't want to be on the loan. I have the ...
My current tenant is breaking the lease 3 months early. I've agreed to charge him half month's rent to break the lease and I want it paid independently of the security deposit. He's refusing to do so and wants me to u...
I just rehabbed a unit with all laminate flooring. I'm looking to take the clientele up a notch, but the neighborhood is not the best so I feel like I've got to give something, probably the option for pets. I'm thinki...
I have three investment properties that are occupied by tenants. I am currently under contract to purchase a new primary home for myself. I would like to convert my current primary residence to an investment and rent ...
I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
I was thinking of writing into my lease that tenants are required to pay rent through an online rent collection website. Can I legally require new tenants to pay rent online and that no checks/cash will be accepted?
Sorry in advance for the novelI bought my 1st rental property on aug 28. It was a duplex and in september I converted it into a triplex. The property came with tenants living in 1 unit month to month and the owners ...
I have a potential tenant (still reviewing) that is willing to pay a years rent in advance. Is this a good idea or should I keep waiting. I’m new to landlording but, have read many of the bigger pockets forums and the...