An experienced landlord has learned the hard way about the importance of coming to an agreement with a resident or former resident PRIOR to going before the judge. Here's the landlord's account in his own words of what happened just this month when he and a resident went to court regarding non-payment of rent. [IN] Had eviction court yesterday. Been 6...
by Scot Aubrey Everyone loves a good survivor story. Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us. Naturally we put ourselves into the...
[IN] If you are not yet aware some big hedge fund billionaires are buying up rental houses. Two are working my small town. This is changing the face of renting houses. One has over 35,000 homes nationwide. The other has thousands and is buying 1000 each week. They want to buy my entire portfolio. He said they have “billion$$$”. They are spreading out from...
Curtains for Closet Doors (by WMH [NC] ) Posted on: Feb 10, 2022 9:34 AM I do hate swinging doors, they take up so much space and we have small places. Bi-folds are terrible, always getting broken and falling off. Sliding barn doors only work in certain spaces. Ditto pocket doors. In our small cottages we have been using curtains on closets for...
[MO] Applicant: "Can you work with me on (the 1st month rent/the deposit)?" Me: "No, we already have contractors." or just "No". [FL] No, I’m not in a position to be your lender and require move-in funds to be paid in full before keys are turned over. [NY] No. I actually have it in my ads and when I discuss about the apartment "first and security...
A landlord mentioned on the MrLandlord Q&A forum that they receive a lot of inquiries (in one particular case, over 1,000) and hundreds of applications. However, by the time he gets back to a couple of the truly qualified applicants, they have already found another rental home. I offered the following suggestion: How long do you take before you get back...
What are your requirements AL Have a lot of folks online, asking "what are your requirements". Scared to answer that in writing for fear of inadvertedly violating something...and, of course, I hate to tell them what lies to tell....So I just reply with here's our application. My question to ya'll: Is it safer to have written criteria? If so, do you PROACTIVELY...
Deposit Stays Until Property is Vacant "My 15 year resident is moving out and is asking for his $500 deposit. His cousin moved in 2 years ago and is on the lease. They are staying but can't afford to pay a $500 deposit. Not sure how to respond? Thanks!" Several landlords responded with pretty much the same answer: "The deposit always stays with...
A new collections hammer PA I have sent invoices for a number of years for monthly rent and balances due upon move out. I think I’m going to add to that; square invoices sent digitally recurring monthly automatically until it’s paid. Just let it Hammer their inbox. I might even set it up on a weekly or biweekly basis. When I send...
Have you asked any of the following questions? As a business owner in the U.S., should you be asking these questions? What will my tax bill look like for 2021? Is there anything I should do in the next month to reduce that? If so, what? Does it involve spending money? Should I change my entity structure? Can I still change my legal entity structure? Am I going...