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What else can I help you with?
Why did the renter decide to leave the rental property?
The renter decided to leave the rental property because the landlord raised the rent beyond what they could afford.
What happens in a rental property investment analysis?
A rental property investment analysis consists of the property that you buy. And it also applies to the expenses that you have to put in it to rent it out.
How much over the mortgage should the rent be for a rental property?
Ideally, the rent for a rental property should be at least 1.2 to 1.3 times the mortgage payment to cover expenses and generate profit for the property owner.
What is the required amount for the first, last, and security deposit for this rental property?
The required amount for this rental property includes the first month's rent, the last month's rent, and a security deposit.
Does rent increase if property supply exceeds demand?
When rental supply increases the rent decreases.
How to ask for prorated rent when moving in or out of a rental property?
When moving in or out of a rental property, you can ask for prorated rent by calculating the daily rate and paying only for the days you will be living there. You can discuss this with your landlord and come to an agreement on the adjusted rent amount.
Is it legal for a landlord to charge more per person for rent in a rental property?
Yes, it is legal for a landlord to charge more per person for rent in a rental property as long as the practice does not violate any fair housing laws or rental agreements.
How much more than the mortgage should the rent be for a rental property?
The rent for a rental property should ideally be at least 1.2 to 1.3 times higher than the mortgage payment to cover expenses and generate profit for the property owner.
I am thinking about purchasing a rental property in Florida. Is there a rental property tax here?
Yes there is. You have to check where in FL you want to rent because each city can be different.
How do realtors get paid on rental properties?
Realtors typically get paid on rental properties through a commission based on the total annual rent of the property. This commission is usually a percentage of the annual rent and is paid by the property owner or landlord.
What are the consequences if a renter decides to leave a rental property and break their rental agreement?
If a renter decides to leave a rental property and break their rental agreement, they may face consequences such as losing their security deposit, being responsible for paying rent until a new tenant is found, and potentially being taken to court by the landlord for breach of contract. It is important for renters to carefully review their lease agreement and understand the potential consequences before deciding to break their rental agreement.
How much does it cost to rent a specific item or property?
The cost to rent a specific item or property varies depending on factors such as location, size, and duration of rental. It is best to contact the rental provider directly for accurate pricing information.
