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All Forum Posts by: Michael Saleh Azab

Michael Saleh Azab has started 1 posts and replied 3 times.

Quote from @Scott M.:

Make sure you know what the deposit is and who pays for damages.  This has been the biggest issue we have had with insurance companies.  Tenants tend to treat them like hotels, because, well, it is a hotel to them and they can be rough.  This is, in my opinion, why insurance co's pay a premium.  So just be sure you are covered on the deposit and the "what if's".  Also be aware of when the lease will end and determine if that is a great time for you to be leasing.  In places that get snow and rents get depressed you may or may not want to have your home be renting at that time VS a prime time to lock in a year or 2 lease.  Just something to consider.  

Might also want to ask what happened to the home they are coming from and where it is, if they will tell you.  That may give you some insight into the tenant.  


thanks Adrian I appreciate you so much .love to learn more about depreciation and amount ? Is is 3% if the building but not the land ? If so and for how long ( 30 years or till I meet the purchase price meaning the depreciation through your the years equal the building sale price that I've paid when I bought it ) assuming I'm not selling the property )???example of figures will help a lot thanks Adrian 

more info on section 8 needed in Richmond Virginia ?!