Winn Vu
How to handle tenant and gardener issues
How should I handle the situation when the tenant is not happy with the gardener I hire? The tenant has lived in the rental just over a year but I have hired this gardener for a longer time and he is also working on m...
Sean Chen
Should the tenant be responsible for the damage or landlorad
It was close to Christmas when my property manager called me and gave me the bad news: one of the tenants was celebrating his son's birthday and invited the boy's uncle to the party. They got into altercation and the ...
Nick Brubaker
Charging interest on delinquent rent and fees?
Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
Curtis Bidwell
Why Was The Applicant Rejected?
I work with my local Community Youth Services program providing 2 apartments for them and I do seminars for kids at risk preparing to enter the rental market. One of the client counselors sent me this question this w...
Jeremy H.
How to draft a "no pets" policy?
Hi I am a first time property owner looking for tenants.I am writing up my own lease / rules and wanted to know how to state no pets is allowed, and it's penalty and consequences.I read a few posts on the forums from ...
Erik K.
Roommates and California's 2019 Tenant Protection Act
Hello all. Currently, I only have rental income from renting individual rooms to roommates.Does the statewide rent control apply to the two room renters in my manufactured home?
Trailson Moore
dogs, dogs, and more dogs
Hey all, just had a very enthusiastic applicant apply with 8 dogs!! Have not received the applicant screening back yet. They were curious to see if I would lower the pet fee or allow them to pay it over time. The pet ...
Chance Cooper
Tenants forfeiting their security deposit?
I have a tenant that signed a notarized lease for one year, and gave me an $1100 security deposit. They were supposed to move in on July 1st 2016...They just called today and said they wanted to back out. Ive had the ...
Melanie Baldridge
Know these rules before doing a Cost Seg
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...