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I have a friend who had a tenet that moved out but had a roommate that was not on the lease. It was February and in Central NY a cold time of the Year. My friend the owner let the roommate stay feeling bad for him. Th...
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We have managed one SFR property, about 50 miles away, for 20 years. Got burned by one hoarding Tenant, who illegally was running a business. When he broke the Lease early (turns out he made a fortune and drove away ...
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To most landlords (or landladies) out there the above statement is a flash of the blindingly obvious, but for some it is a very controversial statement. Heck, I was accused of giving terrible advice when I posted it ...
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Just closed on this house yesterday, so I figured it was time to share. Although I titled it a "success", I can honestly say it was not. The length of time owning the home, along with the hours invested, which caused ...
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I have hired a management company to screen prospective tenants for my apartments. But I just found out that they do not do credit checks. They said they do criminal record background checks, income verification, evic...
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Here is the deal. I am unstable. I live in a state a few years and move.. Sometimes up to ten years, other times 2 years. The nice thing is my job is flexible and i can live anywhere and transfer anywhere. The problem...
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Just closed on a quadplex and I've identified several problem with tenants, that I want to address. Can I tell my tenants:Smoking is not allowed in the house or within a certain distance from entrances(Just like stand...
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- Just found out, tenants are eligible to receive interest on their security deposit ( most likely a few bucks, if that lol ) but they can make a whole case out of it - PA law states, must hold security deposit, in es...
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I see this trend slowly popping up in Chicago and I was curious, does anybody here have experience with co-living apartments? If so, what kind of returns are you getting vs a traditional lease? I'm thinking about thi...
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I'm a fairly new investor and my father is a bit of a seasoned real estate professional that remembers the days of lenders loaning money to anyone with a pulse (and even some without a pulse). He continues to tell ...