
26 January 2014 | 3 replies
@John K.Our lease (actually the schedule 'A' to our lease) identifies the tenant is responsible for any by-law infraction fines assessed as a consequence of their failure to fulfill their obligations and responsibilities (put out garbage, clear snow, or mow the lawn, having non-operable vehicles on the property, etc).When we receive such a fine from the City, we pay it and then send the the tenant a letter and invoice for the amount of the fine, plus an administrative fee to cover our bookkeepers time to issue and collect the invoice {though we typically waive the administration fee on first offences}.

29 January 2014 | 13 replies
@Liam Goble, when I have been wholesaling probate properties - they may be distressed but the discount typically comes from the fact that the property is left to children and is unwanted and in need of being liquidated.

26 January 2014 | 11 replies
Typically my average rent is $1200 per month and with my better units where I get more I do not offer discounts for a long term lease.

2 February 2014 | 20 replies
EBB are typically placed below windows and tenants typically install curtains, often preferring floor length it seems (no matter what they agree to in the contract).

31 January 2014 | 10 replies
I typically get a loan on homes bought after I have them fixed up.

27 January 2014 | 5 replies
For those of you who do, can you give me an average of how much you pay, what you expect, and what the typical scope of work looks like?

27 January 2014 | 17 replies
Looking for some advice-When posting an apartment for rent on various sites, I typically include a string on words at the very bottom of the ad to aid in search.

27 January 2014 | 6 replies
Check out the city on VRBO and see what a typical property like yours rents for and how booked up they are.It would require more management, but a lot of those VRBO properties are very automated and I imagine you could put systems in place to have even fewer headaches than a regular rental if done properly.

28 January 2014 | 8 replies
Plus since the tenant is in the state of packing, a lot of items are in a state of flux, with multiple showings, I just hate a tenant to blame something on my showings - "I had an iPad on top of the coffee table this morning, and it's gone".So I typically wait till the property is vacated and I had a chance to clean it to show it, but I like to hear from other landlords who have showned their units during the last weeks of occupancy.

22 May 2014 | 11 replies
I am not sure about the rules surrounding your bank loans, but one word of caution: If a HML makes the deal real tight for a 3 month hold I am wondering how tight the deal is to start with, as you pay a lot more closing costs with a bank loan than you typically do with a HML so the few percentage points (even if a 6 month minimum on the HML) shouldn't be making or breaking the deal.Make sure your deal is really a deal before you jump in.