Cheryle Patterson
Tenant installed window AC in utitlies furnished rental
I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
Troy Purvis
Do I replace a roof that isn't leaking?
Newbie here! I have my first investment property under contract and have a list of items I will be working on upgrading before renting it out. The roof currently has two layers and IS NOT leaking but does show signi...
Vitaliy Merkulov
What's your biggest problem with landlord references?
I'd like to know what is your biggest pain point about getting applicant's previous landlord references or giving references?1. Landlords don't respond back to your request for landlord reference. Either you can't get...
Candice De
Short Term Rentals... Are they the root of our housing issues?
STR... good, bad, or depends?
I live in Frisco, CO nestled between 5 ski resorts, lovely Lake Dillon, and a 1.5 hour drive to the growing metro area of Denver.
We are not alone here, but in Frisco, there is a big wo...
Mat Lewczenko
Property Managers - Why do they always Overpromise and Underdeliver?
I hear this ALOT...
"I had a great PM company, paid them $X but they are gone, had to fire them. They were great in the beginning and then..."
What makes them great at the beginning?
What are the biggest let downs?
...
Account Closed
Lender says “no loan for a 5 hour commute”. HELP
I want to buy a house 2.5 hours from my duty station. I watched my mom travel 3 hours to and from work (6 hours round trip) when ahe worked in NY and she wanted us to go to a good school in NJ so this is normal to me....
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Brian W.
Question about ability to pierce corporate veil with real estate held in LLC
If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
Danny Duran
Buying a Property with Mold in it
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Roemeo Barnette
Dual military using separate VA Loans
I have a question in regards to me and my wife using our VA loans. So my question is since we are both active duty aren’t we both entitled to our VA LOANS “SEPARATELY” ? I can buy a piece of property and my spouse sho...