I was given a sample rental agreement by a family friend who has been a small-time landlord for many years now. He uses a real estate agent for all tenant screening and rent collection. There was a certain clause in t...
Hi, Fellow BPers: Need some advice here. Last month, the electricity bill for my 1200 sq ft townhouse (mid-term rental) built in 2002 hit almost $400! When I was replacing the Wi-Fi the other day and discovered a runn...
Hi, Fellow BPersSo, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for las...
Hello all,
I always preface my posts by letting you all know that I am very novice when it comes to real estate, so please excuse my ignorance.
I own a double home; I live downstairs and my tenant upstairs. It's co...
I'm aware of the extra steps I'll be taking by paying for the utilities and the fact that if the tenant doesn't pay rent, I am ALSO on the hook for utilities not paid. However, I assume they will all be legit write of...
Hi everyone,So one of my tenants, who is a really good on time payer, called me today to ask if her niece and nieces child could move into the unit for a month. I guess she has no heat and had landlord problems with t...
I'm located in SeaTac, WA and one of my tenant has had an extended guest. It's been about 3 weeks. For the first 2 weeks, the guest has been here for about 5 days per week. On the 3rd week the guest has been here for ...
Hey folks, I am trying to draft lease for my first MTR guest, what resource can i use for the same ? 2. Also what clauses would you keep for the guest in the lease? I am thinking for a cap of utilities bill . 3. What ...
Hey all! My company currently manages LTR's throughout the Denver metro area. In the last few months we have received several requests to work in the MTR market and want to vet it out. Looking for some advice on the f...
Current SituationI have had an excellent tenant that started at my property in January 2020 and never missed a payment through the pandemic and generally has been great. In the past month or so, her new boyfriend has ...