Rental Basics in Minnesota : Advice

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john smith, Real Estate Pro in San Francisco, CA
In this series, we’re breaking down how to get top dollar for your rental prop... Read more
Blogged Tue Jan 21, 2014 by john smith Rental Basics For Rent Rentals
john smith, Real Estate Pro in San Francisco, CA
As a professional there is nothing more frustrating than your hard work being ab... Read more
Blogged Wed May 7, 2014 by john smith Rental Basics For Rent Rentals
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john smith, Real Estate Pro in San Francisco, CA
Are you moving to the U.S.? Are you struggling to rent a home, given that you ha... Read more
Blogged Fri May 9, 2014 by john smith Market Conditions Rental Basics Rentals
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Geoff Bray, Real Estate Pro in Minneapolis, MN
 The sunny attitude that encourages entrepreneurs to look at a box of lemons an... Read more
Blogged Tue May 27, 2014 by Geoff Bray Rental Basics Rentals
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Brett Anders…, Real Estate Pro in Brainerd, MN
Brett Anderson answered:
My husband & I are renting out on Gull Lake Dam Road, this place is really run down.
Let me know if you need any help finding somewhere else to live. How long is your lease in effect? Call me at 218-838-4219
0 votes Share Flag Wed Apr 24, 2013 Rental Basics in 56401
Bill Wallace, Real Estate Pro in Spring Park, MN
Bill Wallace answered:
I am looking for a temporary (2-3) month furnished apartment starting approx mar 4. south metro preferred. Can you recommend anything?
Try going to www.hotpads.com and use the advanced tab to only select the option for rental types of "corporate housing". When I did that it does bring up a few options to choose from ( ... more
0 votes Share Flag Sat Feb 23, 2013 Rental Basics in 55423
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
How do I pay the property owner my deposit and not get scammed?
What is making you already suspicious that you will be scammed? Do you think that the owner is not who he says he is? Pay him with a check so you have a record of him cashing it.
0 votes Share Flag Tue Apr 16, 2013 Rental Basics in Baytown
Vicki Schwar…, Real Estate Pro in Minnesota
Vicki Schwartz answered:
My landlord is trying to rent a basement with no egress windows or a private door from outside to basement.
Check with your city or county and see if there are rental requirements. Just give the main number a call and explain you are looking for rental information and regulations. They'll g ... more
0 votes Share Flag Wed Oct 24, 2012 Rental Basics in 56362
Elizabeth Fu…, Real Estate Pro in 55445
Elizabeth Fuller answered:
In brooklyn New York. My lease was up August 30. Let the landlord know at the beginning of month that I will not renew lease as I was not sure if
I am sure NYC has a group which arbitrates landlord-tenant disputes. You should contact your local (NY) government offices, state, county or municipal, and find out what recourse you mi ... more
0 votes Share Flag Wed Sep 5, 2012 Rental Basics in 55116
Mark Claesse…, Real Estate Pro in Coon Rapids, MN
Mark Claessens, e-Pro, NHSS answered:
is an oral agreement to rent a room upheld in court?
I do believe it is Pink. I am not an attorney, nor expert, but I am involved with this area of real estate as a tenant representative and also as a property manager. If the place you ... more
0 votes Share Flag Tue Nov 26, 2013 Rental Basics in Minneapolis
Vipul Goel, Real Estate Pro in Plymouth, MN
Vipul Goel answered:
Landlord is refusing to release my rental history ( I live in Texas).
You can report it to Department of Commerce in Texas (Local office). They will crack the licensee working on property management and get things straightened out.
0 votes Share Flag Mon Jul 23, 2012 Rental Basics in Plymouth
Danny Dietl, Real Estate Pro in 55413
Danny Dietl answered:
can i take over payment on a house before it goes into forclosure without having my credit ran?
If the loan is FHA it may be transferable, but you would have to qualify. Be very cautious when searching this kind of thing on craigslist. I can not imagine a scenario where you would ... more
0 votes Share Flag Tue May 1, 2012 Rental Basics in Minneapolis
Kris Lindahl, Real Estate Pro in Blaine, MN
Kris Lindahl answered:
I heard people renting homes they don't own to others and they go to move in to find out they were scammed. Whats the easiest way to prevent
Go to the home and ask the seller if they are trying to rent the home. If the home is vacant request the seller meet you at the home with proof of home ownership (Closing documents, mo ... more
0 votes Share Flag Tue Mar 27, 2012 Rental Basics in Minneapolis
Joel and Pat…, Real Estate Pro in Andover, MN
Joel and Patti Friday answered:
My husband and I have an FHA loan on our current home with the 2008 first time home buyer credit. Can we rent our home after paying back to credit?
I think the credit called for you to live in the home for 3 years minimum. Once that occurs, then you can do want you want with the home without penalty. Double check with your accounta ... more
0 votes Share Flag Mon Mar 12, 2012 Rental Basics in Minneapolis
Mike Kelcher, Real Estate Pro in Minneapolis, MN
Mike Kelcher answered:
What are some tips for renters before signing a lease?
1. Be sure you want to live at the property in question.
2. Read and understand the lease before signing.
3. Document the condition of the rental unit noting any flaws in the conditio ... more
0 votes Share Flag Sun Mar 11, 2012 Rental Basics in Minneapolis
Allan Erps, Real Estate Pro in 10954
Allan Erps answered:
cost of getting a home rentable
Open ended question, but kitchens and bathrooms come first as far as money to invest
0 votes Share Flag Tue Nov 1, 2011 Rental Basics in Saint Cloud
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
I sign a contract with a property management company.In 15 months the tenants ripped the house apart,Do I have any legal recourse for miss management.
Keith,
Step one is review your property management agreement. Did they hold up their end of what was spelled out in that agreement? If not, you may have some action against them, bu ... more
0 votes Share Flag Tue Apr 24, 2012 Rental Basics in 55107
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
my property management company failed to send letter explaining why damage deposit wasn't returned. as the property owner can I be held
I would make the managment company prove that they complied with the required 21 days needed to mail the deposit back. Ultimately though I think you could be on the hook unless the leas ... more
0 votes Share Flag Thu Jul 14, 2011 Rental Basics in 55107
Jonathan D.…, Real Estate Pro in 07470
Jonathan D. Joachim answered:
My bank asks for my rental history but my renting management refuses to give that until I sign an vacancy notice. Is that legal?
most management companies need the date of vacany to provide you with an accurate start and end date. It may be best to supply your lender with canceled rent checks for 1 year, this wo ... more
0 votes Share Flag Mon Aug 29, 2011 Rental Basics in Plymouth
Bill Wallace, Real Estate Pro in Spring Park, MN
Bill Wallace answered:
Investment Property Property Insurance question. I am going to be purchasing an investment property to rent out, can anyone give me a approximation on
Hi Leah,

The obvious answer is to call your insurance agent. The pricing will probably depend a lot on what coverages you choose.

I wrote an article about my recent investment re ... more
0 votes Share Flag Tue Feb 8, 2011 Rental Basics in 55124
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