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My tenant broke his lease. In order to fill my apartment, I had to lower the rent. (Rents have dropped 20% in the SF Bay area.) The replacement tenant signed a lease directly with me, not a sublet lease with the tenan...
OK guys, I had a break in at one of my rentals yesterday while my tenant was out of town for a week. I don't know if you can really call it a break in actuallly. I lived in this house for 2 years while I was in coll...
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This is something I routinely struggle with in my rental business. Nearly every tenant thinks their last month rent is to be covered by the security deposit. Each time it comes up, I have to school them about what t...
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It’s standard and understood that if you end a lease early that you lose your security deposit correct?
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The tenant called me to explain that she has a medical issue and cannot pay next month's rent on time. Later, she informed me that she is unable to work and, as a result, can only pay some portion of the rent until th...
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I'm new to BiggerPockets and have not done my first long term rental deal yet. While listening to the podcast, I keep hearing people say you are doing well if you are "breaking even" on a long term rental year 1 with...
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I am renting a home in Kansas. I recently found out about a job relocation, I quickly spoke to the property management company to see if they could find a new tenant. They found someone to rent the home very quickl...
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Rental dwelling policy exclusion does not cover ground water in Virginia. Water main broke outside the home and flooded basement unit. Has anyone heard of what a city is liable for as far as mitigation/repairs to make...
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If i keep laundry machines in my apartment for tenants to use will that laundry machine company pays me for keeping their machines in my apartment?
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I have a property near Winston-Salem, NC that I previously occupied. I am in the process of renting it out, but I'm trying to locate a good insurance company/broker/etc and not sure exactly the best way to approach t...