Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Ok let me refine my question...?
A friend moved in to her apartment 4 years ago. Her mother co-signed on the lease, it is a yearly lease. Friend signed a new lease last year after going month to month so her rent would not go up. S...


 Landloard made mistake on lease and wants me to resign it to there benifite?
o.k sorry this if this is long but Im just trying to give you the whole story. o.k I live In Minnesota and I went to resign my lease for my appartment and I got a letter saying rent was going up to 52...


 With the market the way it is, is it a good idea to buy a house?
...


 Cockroaches in apartment, landlord-deadbeat, how can I solve this problem?
I have a really bad cockroach problem at my apt. the landlord has said that they would exterminate but then she said they have trouble with company that does it/switching companies, etc etc. NOTHING ...


 Low income?
i have just found out i am pregnant so me and my boyfriend are moving in together but we have a low income i am on 120 pound a month because i am doin a course and my boyfriend is on 290 a week the ...


 Security Deposit?
I am moving into a new apartment. The owner wants a security deposit in the form of a cashiers check made out to his personal name BEFORE the contract is signed. I was just wondering if that was ...


 Legally is there a way to stop my apartments maintenance men from entering my tx apartment without permission?
I just moved into my apartment last month. 3 weeks ago I was watching TV in my living room and heard someone trying to enter my apartment without knocking. They were putting a key in my lock and ...


 I want to know the price of house for sale in america?
can you tell me some information about the housing in US, in some cities as new york, san franscisco, and washinton and so on
i found some very cheap in yahoo real estate, is it real or what?<...


 Landlord and Lease Problem?
I moved out of an apartment I had a cosigner with. She smoked marijuana 4 days out of the week with several friends. It was a horrible living situation so when a friend wanted to move in I was all ...


 We want to refinance our house....are we in trouble?
We were discussing refinancing before all of this sub-prime mess started to happen. Now I'm wondering if it's a bad time and if we'll have a problem securing a loan. We have good ...


 How much money do you make when you sell a house in the state of texas?
Or whats the percentage that you get off of the amount you sold the house for like 2% or 5% etc.
Additional Details
Yes I do mean as a real estate agent....


 I have been terminated frm my company with out notice i work there more than a 3 months so what can i do?
...


 If your solicitor has cost you c.£20k by negligence, what is the best course of action?
On selling house, solicitor failed to notice an unsigned deed of easment, which resulted in losing 2 buyers. 18 months on the property is unsold....


 I quick deed my house to a investment company?
I made a agreement with a investment company for my house i own. They paid me 15k and would make payments for 1 year, at the end of 1 year they would pay off the loan. However its almost 8 months ...


 Here's my question, If someone is on a deed to a house and not the mortgage, are they liable for the mortgage?
they have never signed anything for the mortgage and never made a payment towards said mortgage....


 Is it a bad time to buy a house?
Some people say that real estate will drop to 1/4 of what the prices are right now in the near future. That means a condo in Los Angeles that some poor family bought 2 years ago for 400K will be 100K ...


 How much sq. foot exactly is in a acre??
...


 Please help settle the score?
My husband and are are currently battling where we should relocate to. We currently live in NJ where the cost of living is way too high and we are ready to go! I've been researching Texas for ...


 Can anybody teach me how to live on 800 dollars a month?
The deal is. I have a car payment, and soon I will have a apartment, and I will need to feed ...


 If I buy a property via my own corporation am ``I`` allowed to collect a referral fee from the seller?

Additional Details
Acer, I am not trying to manipulate the system. Perhaps you should try leaving out your insulting assumptions or simply do not answering.

Have you ...



D D
Landlords any good advise?
I have just became a landlord any advise from exsisting ones about potential problems and how they were resolved
                     
 




lynn18050
Rating
look after you building and your tenants and you shouldn't have any problems


confusedman
Rating
When you get a good tenent don't be greedy with the rent. A few pounds a month more rent doesn't always make for the best tenent


Gertie
Get everything in writing never verbally make arrangements for anything. When we bought our place there was a tenant already. Tenant moving after 1 1/2 yrs of renting from us she needed to stay 2 more weeks but didnt have the money to pay we told her we would keep her $100 deposit and the rest of the propane in the tank would be about $100 which would cover the two weeks. I had called the propane company and they told me they dont refund propane so I thought ok good. well turns out since she was there customer for 8 yrs they refunded her the amount in the tank and sent me a bill. I decided to do nothing since it was a hundred dollars lesson learned on my part.


dze
Rating
potential problems .. ok the main thing u need to realize is that 90% of people eventually ... sooner usually than later ... come to the conclusion that somehow they have paid u enough already and start to get late on payments or come up with excuses ... its best not to get close to them as friends ... u can make a lease which is probably a good idea ... make it and word it to suit u ... just be sure to include there are no exceptions to eviction commencing immediately upon non payment .. other issues are pets detroying the property mainly dogs .. but others ... nasty people getting the place infested with bugs .. people knocking walls out to redecorate and never finishing the projects ...good renters are few and far between .. stay on em ...


amsterdam
Stay on friendly, but businesslike terms with your tenants. If you have a good tenant, treat their reasonable requests as generously as you can. For example, one of mine just asked if he could install a dishwasher. He was offering to pay for it, and I said "Sure, and if you use my plumber, I'll pay for the installation" That way, I get the dishwasher installed by someone I know is good, and when my tenant leaves, the flat has a dishwasher.

Better to charge a realistic rent and have your property let most of the year, than to hold out for two more weeks for a £10 higher rent, and have the flat empty for those two weeks.

Organise your Tenancy Agreements so that they do not end just before or just after Christmas. If your tenants move then, you will have a void period, nobody goes flat hunting at holiday time.

There is only one way you should accept rent - Direct Debit. Don't even consider anything else.

Never buy or let a property that you would not consider living in yourself. Perhaps not you now, but your younger self. Don't expect people to pay you to live somewhere horrible, without resenting you.

Take up references, obey the law, do your CORGIs (gas) every year, your NICCE (electrical safety) every five years, or every time you change tenancies.

Don't withhold the deposit the tenants paid unless they really have fouled the place, in which case deduct the cost of cleaning and damage and return the rest. There are new laws about this now, your Lettinhg Agent will explain.

Take advice from your Letting Agent - you're paying him - might as well use his knowledge and experience

Apart from one horrible lot, I have always been lucky with my tenants - that might be because I treat them decently


Graham H
It depends where you are. If you are in England you should let on a shorthold tenency which means that any time from the end of month 4 you can issue 2 months notice without giving any reason other than you want the house back. That saves you from having to go to court to try to prove that your tenant has been unreasonable.

If you do have to ask a tenant to leave or to pay back rent owed you can now use the court online which is more convenient than actually going there.

You should normally ask for one months rent amount as a bond to informally settle small problems regarding damage when a tenant leaves. You should get your rent in advance.


trickyrick32
Dont accept housing benefit. (UK based) !!!
The time it takes for the catch up to be....caught up on can sometimes run into months and all sorts of problems can arise within that period that have negative knock on effects financially.
Housing benefit tenants tend not to be the hang around types. if you accept benefit, you'll be lucky if they stay for 6 months and move on.


John S
Only use an ARLA registered letting agent.


shih tzu lady
Rating
Get a good contract and make sure you do everything in writing. Any disputes can be easily resolved, should it go to court, if you have everything in writing and photos etc. Yes, I know I sound very negative, but I speak from experience, and believe me there are some dreadful tenants around and you wouldn't want the stress.


Sher Singh
Rating
Nothing much just keep in touch with grain market, get latest knowledge about new improved methods of raising crops and what crops, new fertilisers are in the market.
Just that and enjoy life. :)


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy