 Is there a website that tells how much your house is worth? |
| I am wanting to put my house up for sale and not use a real estate agent. How do I know how much to ask for it or how much it is worth.? T... |
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 Whats your advice? |
| hi, i just want to know if i have a say here on my current dilemma. 5 months ago, i found someone who told me that he is looking for a bedspacer for the vacant room in their house. i gladly ... |
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 Is This Too Low of an Offer For a Home? |
| Home is in the Northern WV panhandle. Currently listed at $129,500. Was originally listed at $139,500. It has been on the market for a while. Would $115,000 be too low to offer?... |
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 Which homeowner is responsible? |
i have a tree in my yard that my neighbor trims periodically because some branches are on his side of the fence. then he throws the branches in my yard.....who is responsible for disposal
of ... |
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 I need roommate/apartment in the next month, where should I look? |
| I just recently graduated college and want to pay off my loans, so I thought getting a roommated in an apt would be the best way to go. Where do I look for one in my area? Knoxville, TN is a decent ... |
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 I don't wish to be unsympathetic but............? |
| Is it fair that those who don't buy house and contents insurance just get compensation anyway from the Government yet some people buy their insurance. Will the thrifty get handouts as well? I ... |
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 Anybody have any warning for me on buying house? |
| What should I be cautious about? what to look for so I am not getting ripped of by the lenders or others? what fees should I pay or not pay? Any ideas that will help me to avoid a bad situation ... |
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 How do I get my deposit back? |
I'm living in the UK, renting a place and may soon need to leave because I think the Lanlord intends to sell.
The problem is the estate agent that arranged the contract between me and the ... |
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 Help, I need legal advise about a tenant? |
| I have a tenant who is allowing her daughter's boyfriend to live at the house. He is not listed on the lease, nor will he be able to get on the lease since my house only has two bedrooms. I ... |
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 How do I get out? |
| I'm 17 and I have a 2 year old daughter (keep your judgements to yourself), my mother and I have different opinions on how I should raise my daughter. Basically I'm tired of living with her ... |
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 Landlord wont fix anything? |
| ok i posed a question on here 2 weeks ago about having problems with my landlord not fixing things and that they had been going on since i moved here in may i.e. sewage backing up into the house ... |
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 Considering purchasing a home with a septic system and well water? |
| Is it a good idea? What are some things to look for. Depth of well? Septic systems I know nothing about. Anybody have them for a long time or work on them? Thank you for your imput.... |
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 How do you close on a for sale by owner home? |
| We have our house up for sale ourselves and someone just made an offer. They're getting a FHA loan and said that we would probably need to pay closing costs, but I can't get anyone to tell ... |
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 Would someone making $80 000 a year be able to afford an apartment for $3985 rent?? |
| Would someone making $80 000 a year be able to afford an apartment for $3985 rent?? My sister has just started a job making that much, would she be able to afford that??... |
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 So with the current housing market we have found our house has dropped in value by A LOT of money...? |
In one year our house has depreciated in value by 80k or there abouts...
Is there like any way to recoup some of this loss?
Will the value eventually climb to what it once was before this ... |
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| Should i have the deeds to my house if its morgaged?....i have. can i do anything good with them? |
| was given them by my solicitors when i sold and bought, i still have a morgage on my property. ive asked around a bit and been told i should not have them. can i make any money out of this? or will i ... |
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eightieschick37 | Renting Housing - A bad situation? |
I need a little advice for my friend. A friend of mine bought about 4 houses about a year ago, she borrowed money off of her house that she lives in now. As we all know that the market is extremely bad for real estate, so she’s having a very hard time trying to sell them. She called me today and asked me if it’s a good idea to kick out a few of the tenants that she has, and instead of renting the apartment for one set price, she’ll rent out rooms like a boarding house. Evon mentioned to me that she would make more money by renting it out like a boarding house.
What would you tell her? |
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M D
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Being a landlord right now is not ideal. However, being a renter makes a lot of sense:
http://www.a2dvoices.com/realitycheck/housing/ |
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astralpen
|
A disaster. This will attract even lower income tenants that will be difficult to collect from. |
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cowgirl
|
I don't think she can evict them, for no reason.
If any apartment is vacant, she could advertise rooms to rent, like a boarding house.
She made the mistake of buying too much; why punish the renters? Especially if they are paying. |
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Emily
 |
It just wouldn't be very nice to evict the current tenants. And depending on where you live, there may not be much of a market for renting out single rooms. Unless you live in a college town, that wouldn't make much sense to do. |
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vangorn2000
|
Tell her it would be a lot easier to just raise the rent of the tenants already living there by a reasonable amount. No need for eviction. If the tenants stay and pay the higher rate, great...she gets more money from reliable tenants. If they move out on their own due to the higher rent, she can then choose to re-advertise the place and rent room for room if she wants.
I think she will have a much harder time doing the boarding house thing though...the liability issues would be a lot more complex (who would you sue, for instance, if something in a common area were damaged and nobody admitted to doing it?) |
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Ashley
 |
She should wait out the tenants lease then when its up kick them out, or say the lease is over. She would make more money that way but I believe she should find a tenant then see if the tenant knows or can help find other roommates. She would do this with out telling the new tenate her motives for more $. .. |
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spadezgurl22
 |
not a good idea bc if they cant afford to rent the whole unit its bc their lower income and they will be a disater in terms of paying on time , if any. plus u run the risk of high traffic in the house as well as potential damages and people blaming other tenants for the damages where as if there was one tenant that person would be soley responsible. I suggest not doing that, if anything make some repairs and make it more presentable and then raise the rent at the time of renewal. |
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Blue October
 |
i, personally, do not like her idea.
i would much rather see her give the tenants a rent increase of 9% now and then another in 6 months.
Because of the current mortgage situations many persons are losing their homes and are looking for rentals. Rental property rates are at an all time high...supply and demand.
tell your friend to give the tenants 60 days notice of the rent increases....that way if they cannot afford it, they can move.
good luck :) |
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Cheyenne
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She cant do anything until the current tenants lease is up. The problem with that is tenants can be a pain. Some tend to not take care of things & can cost an owner a lot of money & headaches. If she does the room by room thing she's gonna have more tenants to deal with. Theres also the problem of the rent being bumped down to a lesser income bracket & that makes the risk of having bad tenants higher. Before everyone gets mad about the lasy comment I should say that there are good/bad tenants in every income bracket. I'm just sayin what I've seen in the rental industry. |
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stars
 |
To me it would be unethical to evict someone just to rent it out by the room, I think it is leagal though.Has to be done right and one can get in trouble if done wrong. Oh she also runs the risk of the tenants being very upset and trashing the place, that can cost many thousands and hard to recover, I would wait till they moved on their own then rent rooms out sepratly.
Jim here |
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