All Forum Posts by: Sky Lin
Sky Lin has started 9 posts and replied 28 times.
Post: Help on 4-plex rental agreement

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
Here is the update. Here is the reason attorney gave me.
1. Better Asset protection
2. Pro landlord Contract
3. because of my personal situation.
It is a great conversation.
We have one more 4-plex under contract locally in Vegas. I will have him to draft agreement again.
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
Here is the update. Here is the reason attorney gave me.
1. Better Asset protection
2. Pro landlord Contract
3. because of my personal situation.
It is a great conversation.
We have one more 4-plex under contract locally in Vegas. I will have him to draft agreement again.
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
Here is the update. Here is the reason attorney gave me.
1. Better Asset protection
2. Pro landlord Contract
3. because of my personal situation.
It is a great conversation.
We have one more 4-plex under contract locally in Vegas. I will have him to draft agreement again.
Post: Help on 4-plex rental agreement

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
Thanks again for all your response.
Only thing I want to edit are Property address and LLC name(for rent payable to)
I spent $400 for rental agreement for my few single family house from same attorney. Rental agreement is strong and good in Microsoft word format, which I can reuse every time I have a new tenant.
For 4-plex rental agreement is in pdf format, which address and LLC name(for rent payable to) are not edible. beside that, everything else are edible.
I emailed attorney regarding my concern. No respond so far because of weekend.
If he refuse to change to edible and want me pay for more contract fee in the future, I will move on to some one else. (I respect attorney, but there are just too many attorney and I will find someone willing to draft a edible Contract for me)
Anyway, Thank you for your respond.
I appreciate that. Thanks again.
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
Thanks again for all your response.
Only thing I want to edit are Property address and LLC name(for rent payable to)
I spent $400 for rental agreement for my few single family house from same attorney. Rental agreement is strong and good in Microsoft word format, which I can reuse every time I have a new tenant.
For 4-plex rental agreement is in pdf format, which address and LLC name(for rent payable to) are not edible. beside that, everything else are edible.
I emailed attorney regarding my concern. No respond so far because of weekend.
If he refuse to change to edible and want me pay for more contract fee in the future, I will move on to some one else. (I respect attorney, but there are just too many attorney and I will find someone willing to draft a edible Contract for me)
Anyway, Thank you for your respond.
I appreciate that. Thanks again.
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
I spent $400 for rental agreement for my few single family house from same attorney. Rental agreement is strong and good in Microsoft word format, which I can reuse every time I have a new tenant.
For 4-plex rental agreement is in pdf format, which address and LLC name(for rent payable to) are not edible. beside that, everything else are edible.
I emailed attorney regarding my concern. No respond so far because of weekend.
If he refuse to change to edible and want me pay for more contract fee in the future, I will move on to some one else. (I respect attorney, but there are just too many attorney and I will find someone willing to draft a edible Contract for me)
Anyway, Thank you for your respond.
I appreciate that. Thanks again.
Post: Help on 4-plex rental agreement

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
I just bought a 4-plex. I hire a attorney to draft a custom-drafted rental agreement for this 4-plex.
I spent $700 for this rental agreement. Rental agreement is strong. I am ok with it. because I always feel you need to have best of the best tool when you do something.
(little background here. This attorney writes a book about landlord tenant rule in my state which I love it. I put it as a guide if I need something)
Here is the Question:
Attorney lock the property address on the Contract for it not to be edible. Which means I can only use it for this property and I can't use it for my next 4-plex. That make me feel uncomfortable.
That to me doesn't sound right. I own some rental properties. They are all single family.
The reason why I need custom drafted contract for 4-plex is I need tenant to pay for water and all utilities. (no water meter, so I use SFT to calculate % each unit water usage)
Anyway, Is this common practice that I have to pay each time when I buy a new 4-plex? and attorney just need to edit the address.
That doesn't sound right to me. What do you think?
Let me know. waiting for your answer. Thanks
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
I just bought a 4-plex. I hire a attorney to draft a custom-drafted rental agreement for this 4-plex.
I spent $700 for this rental agreement. Rental agreement is strong. I am ok with it. because I always feel you need to have best of the best tool when you do something.
(little background here. This attorney writes a book about landlord tenant rule in my state which I love it. I put it as a guide if I need something)
Here is the Question:
Attorney lock the property address on the Contract for it not to be edible. Which means I can only use it for this property and I can't use it for my next 4-plex. That make me feel uncomfortable.
That to me doesn't sound right. I own some rental properties. They are all single family.
The reason why I need custom drafted contract for 4-plex is I need tenant to pay for water and all utilities. (no water meter, so I use SFT to calculate % each unit water usage)
Anyway, Is this common practice that I have to pay each time when I buy a new 4-plex? and attorney just need to edit the address.
That doesn't sound right to me. What do you think?
Let me know. waiting for your answer. Thanks
Post: Custom-Drafted rental agreement 4-plex

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
I just bought a 4-plex. I hire a attorney to draft a custom-drafted rental agreement for this 4-plex.
I spent $700 for this rental agreement. Rental agreement is strong. I am ok with it. because I always feel you need to have best of the best tool when you do something.
(little background here. This attorney writes a book about landlord tenant rule in my state which I love it. I put it as a guide if I need something)
Here is the Question:
Attorney lock the property address on the Contract for it not to be edible. Which means I can only use it for this property and I can't use it for my next 4-plex. That make me feel uncomfortable.
That to me doesn't sound right. I own some rental properties. They are all single family.
The reason why I need custom drafted contract for 4-plex is I need tenant to pay for water and all utilities. (no water meter, so I use SFT to calculate % each unit water usage)
Anyway, Is this common practice that I have to pay each time when I buy a new 4-plex? and attorney just need to edit the address.
That doesn't sound right to me. What do you think?
Let me know. waiting for your answer. Thanks
Post: Gain access to 15-20 off market properties per week!

- Rental Property Investor
- Phoenix, AZ
- Posts 29
- Votes 1
I would love to be on your buyer's list. page me. thanks