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Hi!We just bought a house near Venice, Florida. Its a waterfront property that has a pool. We are getting the pool fixed ($10k cost its 70s fiberglass pool). Plan is to make it a seasonal rental during the snow bird s...
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I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...
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1. Fraud;2. Breach of Duty;3. Breach of Contract;4. Negligence;5. Bodily Injury / Property Damage;6. Misrepresentation regarding the Condition of the Property;7. Consumer Protection Act;8. Earnest / Escrow Money Dispu...
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If I charge $500 at Lowes for supplies and list the entry as a supplies line item, then where does the credit card payment go? Can't wrap my head around this one.thanks in advance
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I'm looking into buying multi unit industrial property. What are realistIc loan terms?(I know this is a 'multi family forum but it was the most applicable I could find).Having surfed the forums I see people saying 1...
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So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...
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Boy did I learn a few lessons!
Lesson #1: Charge your phone.
Lesson #1a: Keep an umbrella in the ride.
I get to the property, on time and very excited but the realtor isn’t there yet and I can’t get in. It’s rain...
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There has been a lot of talk recently about short term rentals in mountain vacation towns (thanks @Avery Carl - but really your episode was awesome) but are there a lot of you who invest in beach towns? We own two bea...
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One thing I've never understood is landlords won't do a thing during a tenant's lease. Then, upon turnover, they go gangbusters.
I try to put in small upgrades once or twice a year. The reason is twofold: 1. I want t...
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Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...