My tenant moved in on aug 5th. I charged him full month’s rent and prorated September. I mistakenly charged him $2730.34 for the 27 days in August. In my mind I calculate:($3000x12)/366= $98.36/day. ( he pointed out n...

Hello everybody,I have a duplex, where one side of it is inhabited by a person with a dog (we have a contract with him until the next year). He has a pitbull, and it's very well behaved and nice overall. But it is not...

A question for the forum...I own a few properties in Ontario, and am noticing that a few tenants are constantly missing rent payments.  Once the N4 is delivered, they take the full 14 days to pay the rent, and then se...

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Hello everyone, After some hefty pest control expenses from several building that we manage, we realized that pest control was not a line item we had when running our annual expense projections on a building. However,...

My wife and I moved up to North Carolina from Florida about 1 year ago. When we moved we decided to rent the house we were living in for the past 9 years. We have had it rented for a year now with no issues but I keep...

I have a tenant that there stove broke and going to replace ASAP. When the lease is up if the tenant does not renew I plan on renovating as it needs a major face lift. After renovations I think I should be able to get...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $155,000

Cash invested: $6,000

Better late than never with this post!

This is my first income property that...

Hey all,I bought my first single family home (600 sq/ft) in 2016 for 96k using a conventional loan. Occupied and rehabbed it for 2 years before renting it out and buying another home (550 sq/ft) for 90k in 2018. Same ...

Hi. We signed the first contract with tenants for $1650 and 3 students for a 2 bed /2baths property, and $1650 for security deposit. One of tenants asked me if they have one more tenant shortly after 2weeks. After som...