Renting & Real Estate - July 2007

Hello, I have heard that most property owners who lease out their properties make most of their money from selling it down the road if the value increases. What I want to know is whether there is a substantial earning potential in the actual leasing of the properties. I know it depends on various conditions, but if you one makes the right business decisions can he or she expect to make more money leasing or selling their property in the future?

Informed answers only, please. I am not in the mood for comedians or people who want to take their anger out on Yahoo! Answers. These sorts of answers will be reported as abuse.

2007-07-03 07:59:01 · 7 answers · asked by CMDS 2

Ive looked on th enternet and cant find nothing some one please help!!!!!!!!!!!!!

2007-07-03 07:47:13 · 3 answers · asked by me 1

I moved out of my house at the end of my lease last month and I'm trying to get my $925 security deposit back from my landlord[s], but they keep bullshitting me, and now they won't answer my calls or return my messages.

I live in North Carolina.

Best answer gets a best answer.

2007-07-03 07:44:02 · 11 answers · asked by BRobb 3

2007-07-03 07:43:45 · 9 answers · asked by FavoredbyU 5

My bf and I became behind on our rent in June for a property that we had been living in for 11 mths. Around the same time we were contacted by our landlord's realtor who advised us that we need to move because she is selling the property. Our lease us up July 31st. Because we were behind on the rent we agreed to leave early w/o a fight. We moved out June 22nd. I was unable to pay June's rent because that money that would have gone to her had to go to the security deposit for the new house. Before we moved she called my 13 year old and told her that she was going to call the sheriff and have us put on the street. Now that we have moved out we have told her that we are going to make arrangements to pay her what we owe her in installments as we realize that we owe her. Now she is calling our employers and disclosing private information about our debt. Can she do this? I have read the Florida statutes but I don't really understand everything they say and they aren't specific.

2007-07-03 07:37:53 · 4 answers · asked by Jessica 2

What things should I look for when buying a house and once bought to be able to charge the maximum amount for a rental house in Southern California?

2007-07-03 07:30:30 · 6 answers · asked by Trevor 1

My roommate and I are in Florida. We are 2 single mom's, very clean, very puctual with rent (we've always been early, NEVER late..) and we pay $1000, and paid an $1800 deposit. We've had issues since occupying the house in November that have yet to be resolved. On a recent visit, my property manager tells me that my roommate and I need to go buy lumber and reinforce the stairs to the front door. Then she tells me to chip some paint off the wall, go to home depot and buy paint to paint all the walls..(I understand touching up, but c'mon, paint the ENTIRE house, when we've never touched it?!) We're on a water well, and our cold water line to the washing machine keeps getting clogged with sand. And the last straw was yesterday. Because the 1st fell on a Sunday, my roommate went to go drop the rent off to her office yesterday, the 2nd. The manager wants to tack on a $100 late fee because we were a day late (mind you, we're always early..) Am I wrong to find her actions unfair?

2007-07-03 07:22:57 · 4 answers · asked by onthehalfchelle 1

preferably sites that dont charge you a membership fee or any fee for that matter

2007-07-03 07:13:42 · 4 answers · asked by Anonymous

In March we recieved a bill from our gas company ( keyspan) for $355. Our prior bill was for $110, and bills since have been $88, $31 and $26. obviously going down as its gotten warmer. We called to dispute the $355 bill which was 3-4 times higher than any gas bill ive ever had. They sent a tech nician out who subsequently informed us that our gas meter had not been transmitting properly and all but 1 of the bills weve recieved since june '06 were "estimated" and that there would probably be a correction made to that $355 balance due.
now they are telling me that its more than likely that the charges are correct and that they "underestimated" the gas usage in the months were th meter was not transmitting properly. Tough!!! why should i get hit with a huge gas bill cuz their equipment wasnt working. and how do i know how much gas i actually used. this was by far the warmest winter ive ever seen, and im pretty strict with the heat in my house anyway. this is BS, agree?

2007-07-03 07:10:10 · 2 answers · asked by Anonymous

2007-07-03 07:09:18 · 6 answers · asked by swingorstrikeout 3

My girlfriend and her family got kicked out there apartment by not paying rent what can they do to move back in?

The apartment was left in very good condition
They just got kicked out on the 1st of July
I dont think they went to court yet
This only happend 1 time
My mother payed the rent a little later than the month it was do and we are still in the same house
Cant they just pay the rent back from that month and a little extra cash to move back in?

2007-07-03 06:45:50 · 11 answers · asked by Anonymous

My Dad wants to sell his summer home, but his brother and him are both on the deed. Unfortunately his brother died about 10 years ago without a will. There is only one immediate family member left on the deceased brothers side (a son) and we cannot locate him. Should we hire someone to find the lost son so we can give him half of the summerhome?

2007-07-03 06:37:34 · 6 answers · asked by debrako 1

and then move in to the one you just got approved for and forclose on the home that you presently live in can they take the home you just moved into away? Or can they kick you out of that house once they realize that you forclosed on the house that you was living in?

2007-07-03 06:22:44 · 4 answers · asked by T 6

If a tenant rents month to month and rent is due July 1st but they do not pay the landlord can give a 3 day notice to quit. My question is if the tenant actually moves out within the 3 days do they still owe July's rent? If they move out and there is no damage to the apartment do they get their deposit back? Does giving the 3 day notice cancel out the tenant's obligation to give 30 or 60 days notice? How about if they are in a lease and still have 3 more months on the lease, once the 3 day notice is given do they still owe rent for the 3 months left on the lease even if they move out?

2007-07-03 06:21:41 · 4 answers · asked by ebosgramma 5

I have just moved into a new flat and have only been there a few days. It's an upstairs flat and i've discovered a young family living below who like to play music, blast their TV and leave alarm clocks running for 90 mins each morning.

I have signed a 12 month lease and dont like the thought of staying there for the next 12 months. Do i have any legal right to break the contract? Or, is there any kind of cooling off period or 7 days clause or anything similar so i can move out?

2007-07-03 06:21:36 · 9 answers · asked by daniel s 2

we tried our city and state there isn't much your salary must be under 40,000 any suggestions?

2007-07-03 06:17:36 · 3 answers · asked by Anonymous

Me and my Fiancee are planning to buy our 1st home together. We are trying to find a good loan officer w/ lots of experience & avoid getting screwed. We've been going to Wamu agents, private co. & now Bank of America (which recently is promoting no closing fees etc.)- So far Bank of America has the best deal. Im a little skeptical- I've heard lots of horror stories w/ 1st time buyers. We're both doing our homework also, trying to prepare ourselves the best we can. Anyone have advice or suggestions?

2007-07-03 04:54:53 · 6 answers · asked by ladyinc3 1

We just bought a home a few days ago for $80K. But it appraised at $83K. So we have $3K in equity. How soon can we borrow that $3K? We'd love to borrow it now so we can use it to make improvements on the home (thus increasing our equity even more).
And even if we can, is it a good or bad idea to do that so soon?
Thanks!

2007-07-03 02:48:21 · 6 answers · asked by It's just me 3

that after they hit so many years they have to be removed? And if they do does anyone know how long can they stay in a park? I live in PA and I wanna buy my daughter one for her and my grandson but it's rather old and wanted to make sure she can live in it for while before I put money into it. Thank you for your help.

2007-07-03 02:27:56 · 5 answers · asked by Anonymous

This question is an update from my previous question.So the landlord changed the locks without a court order. My friend called the police and they instructed the landlord to let my friend back in the apartment. Were they suppose to instruct her to give my friend a copy of the key too?? All they said that if you can't get in tomorrow to call the police again. Everytime she wants to get in her apartment that's the extreme measures she has to take? That is riduclous!! What legal action can she take to get a key if the landlord won't voluntary submit one to her?

2007-07-03 02:21:57 · 7 answers · asked by yourxwifey 1

2007-07-03 02:15:31 · 5 answers · asked by elinq 2

How much might we be looking at paying out of pocket... if we sold a home for 81,000 and paid the buyers closing costs too? A good close guess would really help. We are in Lansing MI if that helps. We will not have any broker fees.

2007-07-03 02:04:43 · 7 answers · asked by 2Bad4U 3

In a home sale, in a standard contract, is it appropriate for the seller to pay the brokerage fees of BOTH realtors involved in transaction? I know everything is negotiable, but as a seller, shouldn't my realtor be negotiating for the buyer to at least pay for their own realtor?

2007-07-03 01:58:47 · 6 answers · asked by Red Jed 2

Here's the story: We moved into our townhouse on July 1, 2005. The original term was 1 year to end on June 30, 2006. In the lease it states that the landlord is to give 30 days notice priop to the end of the term for any rent increase. It also stated that the lease was automatically renewing if neither parties did anything it would start over for another year. We received a letter from him on July 10, 2006 (10 days past the ebd of our lease) the letter included our renewal & a rent increase of 15 dollars per month. We signed the renewal even though we knew that he was not allowed to increase the rent. We thought it was a fair increase. We found a larger place and notified the owner on June 8, 2007 that July 14th would be our last day. We signed the new lease yesterday and the next day we received a letter from our current landlord stating that the lease is not up till July 31st. In the lease renewal he extended the lease to now end on July 31st instead of the original terms.

2007-07-03 01:55:41 · 3 answers · asked by Cheyenne 4

Is there any benefit from them coming to closing? Should they be there?

2007-07-03 01:35:32 · 7 answers · asked by pinkiestdaisies 1

I'm paying a lot less than the appraised value of the property, and even after consolidation, will be 30 - 40,000 under the value of the property....Jus didn't know if lenders would allow this to happen?

2007-07-03 00:33:52 · 6 answers · asked by Brian D 1

2007-07-02 23:13:53 · 5 answers · asked by atmobb 2

2007-07-02 23:04:47 · 5 answers · asked by smokie 1

2007-07-02 22:46:27 · 5 answers · asked by KrzyMom2 3

We purchased a 2 story home, in OK, that was listed as having 2890 sq ft. The home was built in 1973 and needed some major updating. We thought we were getting the home for $51 a sq ft. After living in the home for one month we finally got a copy of our appraisal and to our SHOCK the home only has 2187 sq feet! Did I mention the realtor was the seller's mother? This was a GROSS misrepresentation. Anyone know OK law that can give us some advice? The county assessor's records were WRONG. We found out the home had only sold one other time and it was listed at APPROX 2400 sq ft then. It turns out the same appraiser did the appraisal for the previous buyers and he said, "The house didn't grow." What do we do now? We just lost about $40,000 and this is a nationwide realtor. Our previous home (our first) was only 1200 sq ft so this one seemed WAY big to us.

2007-07-02 22:24:30 · 5 answers · asked by zdvbowman@sbcglobal.net 1