Umbrella policy Vs. LLC or both
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the... View more
Do you have a section of your website where tenants can login?
Do you have a section of your website (or other online interface/software?) where your tenants can login to see a copy of their rental contract, maintenance issues submitted, where they can submit feedback, get alerts... View more
Do you run credit checks?
What is the minimum FICO score you will accept?
Seasonal Beach Property Rentals - opinions?
Here in New England, beach rentals are a hot item. City folk love to come to our touristy beaches and immerse themselves in the environment. Beach rentals can be nearly 3 times normal market rents just to be within the... View more
Do you have an 'insurance' clause in your rental contract?
I rent my properties unfurnished and already have insurance on them (excluding contents, as it's unfurnished), but was thinking of including a clause that states its the tenant's responsibility to have insurance for... View more
Do you keep a 'maintenance' log? And a place for tenants to submit requests online?
1) Do you keep a maintenance log where tenants can submit their requests? If so, what do you use or how do you do it? I was thinking of creating a 'form' by Google Docs and in the move-in inventory check-list mention... View more
Bullet Proof Florida Lease Agreement
Does anyone have a solid rental/lease agreement for the state of Florida?
Its been a few years since I rented, and I need something to start me off again.
Thank you in advance.
Do you collect tenant testimonials?
Do you ask your tenants for testimonials? If so, how do you get it from them? Thanks
Renting to another home owner
If a tenant passes tenant screening with 3X income vs rent (of your house) and has good credit history, but currently owns a home, would you rent to them or consider it a risk?
The reason they want to rent is... View more
would you lower rent to keep great tenant?
My husband has suggested this and I want to know what other landlords think. We have a great family that has lived in unit for 1 year with no issues, always pay on time, never bothers us. They are immigrants with low... View more
How to minimize BS people
Hey! I am having a problem down here in Atlanta. My qualifications are faily simple and put on my advertisements and applications. I have had my house empty and advertised since May. I have had only two... View more
Do you notify your tenants when their rental contract is expiring?
Do you notify your tenant a few months before their rental contract is about to expire? And ask them if they want to renew their contract/and/or get feedback about how they liked your property? If so, how has your... View more
Can you share with me a sample of your long term rental contract?
I'm redrafting my rental contracts for my long term properties and was wondering if anybody can share with me a sample of yours to compare and see that I haven't missed out on anything. Thanks!!
Which items does a landlord repair & wear-and-tear of tenants?
1) Can anyone please help me determine what is normally a landlord's responsibility in terms of maintenance of a rental property?
2) And what are the items that should be repaired by the tenant through regular... View more
Do you use multiple agents to advertise your rental properties for you?
I have been working with a real-estate agency for a while now, but due to the recession, he has had to downsize. I am considering getting a network of agents in my city to advertise for me. Because I do a lot of... View more
Can I cancel rental agreement if...
Can I cancel rental agreement if I haven't received any money yet (deposit, rent) or is it effective no matter if i received money or not??
I am landlord...changing my mind about someone I am renting a room to in my... View more
Do your tenants leave garbage behind?
I have had tenants leave a mess behind, but fortunately none has been as bad as this tenant from Australia. Check out the video. I hope no one has had any issues quite this... View more
i was just curious what shows you guys(gals) watch pertaining to real estate of course!
i like Property Ladder on TLC, most flip it shows, Property Virgins HGTV, Holmes on Homes, except when he shows himself doing all... View more
Residential Lease Agreement
Does anyone have a residential lease agreement for use in Alabama they can send me? Thanks
Collecting rents from evicted tenants
Hello everyone! I was curious, has anyone used a collections agency or attorney to collect rents from a tenant that was evicted? If so, which do you prefer, attorney or collections agency? How do you go about... View more
Is this lease binding?
I had a friend show my house for rent, and after receiving an application and speaking with someone on the phone, I agreed to rent to them. I prepared a lease and emailed it. The renter printed it, signed, and sent... View more
Any of you packing when going to any of your rentals/rental areas?
Just curious. It may have to do with the neighborhood in general or a house close to your property with shady characters or animals or ????
I do on occasion out of general principal but I don't advertise the fact to... View more
Does anyone bill rent bi-weekly?
You know, making 26 payments a year instead of 12? You end up with one extra "month's" rent.
Would most of your tenants be bright enough to notice that it's just extra profit for you? I'm wondering if it could be used... View more
CPA in the house? Quick question...
If you have your properties in a LLC and have separate business accounts are you only taxed on money you take out (salary) from the LLC? If there is extra cash that I could be pulling out as salary but don't and it... View more
What sort of lawn should I install
This may be a strange question for those from areas where rain and water are plentiful. But Denver is a desert. Rain is scarce in the summer, water can be rationed, and water bills can be very high if you're allowed... View more