David and Lisa Graham own a home in Temescal Canyon near Corona and wanted to appeal their 2009 property tax bill. Similar homes are selling for half of what they paid six years ago. But the couple was dismayed when they received a letter informing …
Riverside County budget woes pose threat to property … - Riverside Press Enterprise
Author: adminApr 6
Resolved Question: HELP!!! BOOking and accounting question?
Author: adminMar 22
I am doing my books now and facing a situation.
We have a property management company that takes a cut out of the rent they collect.
example.
rent 1000
commission 80
what i receive is 920
What is the difference between:
1) i just enter into the books I received $920 (and quote in notes what happened)
2) calculate as if I did receive the 1000. 80 went to commission and all i have left is 920.
What are pros/cons/no difference?
Fact is we are at a loss also.
Thank you so much in advance.
Resolved Question: Rental home question?
Author: adminMar 22
I am currently renting through Windmere properties and was wondering once my lease is up will I have to fill out another lease if I want to rent a different home with them? My lease ends in August and want to pay the same rent I do now or less if possible. Will I need to repay another fee for application and resubmit my information for a different home with the same property management company?
Voting Question: Does anyone have any information about Towne-Bridge Place Apartments in Gretna, LA?
Author: adminMar 22
They have great reviews and the property management told me to just call them but I was looking online for pictures or anything and can find nothing.
Voting Question: Is my landlord hiding something?
Author: adminMar 22
I rent a condo. I like living here and don’t want to move. I signed a 1 year lease, which expired January 1, 2010. I let my landlord know I want to renew the lease in November 2009 - 2 months before the end of the lease. The landlord is an agent for a property management company. The owner of the condo lives out of town. The owner, with his 18-year-old daughter, came to look at the place in August of last year. They said the daughter and the mom had never seen the condo, so they wanted to see it. They were in town because the daughter is attending university in the city now - about a 30-minute-drive away from the condo. They said the daughter will be residing in student housing on campus. In November, the landlord said he would renew the lease - that he would prepare the documents and send them over. No documents were sent, so I called him in January. He said he would be out of town and would send the documents soon. Again, no documents arrived. I called him about 3 weeks ago and was very up-front with him. I told him I want the lease renewed and I feel he is avoiding renewing the lease and that I feel that the owner’s daughter may want to move into the unit. He said he had not contacted the owners at all yet and that he would do so. Called him last week and he said the owners are not opposed to signing a lease, however they want to increase the rent. He said he will come up with a “number” and let me know. Again, no call back.
Even if he signs another lease with me, he can give me 60 days notice to vacate the suite if the owner (or his daughter in this case) want to move into the suite.
So, I guess I just want to see what other people think. Is he just stalling? Is he just dumb and lazy? Should I probably just give notice and move.
Also, the strata just passed a “no-renting” by-law. Which means that if I move out of this suite, the strata would not allow him to rent it out again.
Also, student housing is MUCH cheaper than my rent right now. Student housing is about $700/month. I am paying $2000/month. So he would be in a financial disadvantage if his daughter were to move into here - unless she got room-mates. And please don’t make any comments about finding a cheaper place and not wasting money… I have heard it all before - thanks!
I am renting in British Columbia, Canada. The LAW here allows EVERY legal lease to be ended (with a 60 day notice to tenant) if the owner or their family want to move into the unit. It’s the law - I have checked with the rental board. I have also been a victim to this ridiculous rule before.
Because I need to be in BC, Canada right now. And the only decent condos you will find here will cost you at least $800,000… so even if I pay $2,000 - $2,500 a month in rent, I am still saving by not having to pay a $4,000 mortgage, $600/month maintenance fees, property taxes, down deposit, etc. It works out in the end. But thanks.
Voting Question: Breaking a Florida Lease to buy a house.?
Author: adminMar 22
We have found a great house in Florida during the current low housing market. We have recently renewed our lease until November. I called the actual home owner and contacted the property management company with no help what so ever. I have always paid on time and kept the house very clean and presentable. It will be spotless when I leave. Any suggestions to try to get out of this lease? they are holding me responsible for the balance of the lease and I have to keep electric on for the pool pump. I have been very fair and up front with them about the entire situation and they don’t seem to want to budge to help. Help please.
Voting Question: Online property management service?
Author: adminMar 22
Is there any online property management service to allow me to rent out my property? or where could I find any standard application form, disclosure form, landlord guide? Thanks.
BTW, my property is located in California
Voting Question: What does it take to start a property management company?
Author: adminMar 22
My friend is interested in starting a property management company. Where would he begin to find the necessary steps to start such a company? If there is any Additional advice that can be given, it would be appreciated. Thanks!
Voting Question: What is the likelihood of getting a $350 security deposit back after 7 years, or how do I make it more likely?
Author: adminMar 22
Seven years ago, I paid only $350 for a security deposit on a 2-bedroom apartment here in WA state. This year, I am planning on moving out, and I would like to know what the likelihood will be of actually getting that security deposit back. The property management has changed three times since moving in, and I’m not sure if that could be a factor in this.
Of course, I have caused some wear and tear on the apartment. I’m sure a few doors have a couple minor scrapes. There is a trim piece that came off the edge of the kitchen counter also.
If I fix everything that may have received wear and tear while I’ve lived here, should I get the entire deposit back or is the landlord likely to make up some excuse or reason why they shouldn’t return the deposit to me?
Open Question: Getting into home repair before rent?
Author: adminMar 22
I would like to know how to get into doing house repair before the houses/apartments are rented or put up for sale. I dont know if I have to go through a property management company or what. Any ideas or any help will be appreciated. I am located in phoenix Arizona. Thanks in advance.