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28 September 2024 | 9 replies
My tenant of 1 year just moved out recently (work transfer), but during the move-out inspection we found that one of the 10X10 bedroom has all four side of the wall covered in screw holes from the time they used it as a computer room (I believe the holes were from the sound deadening foam that they used to attach to the wall) So I was wondering what would seem to be a fairly reasonable cost to be deducted from their Security Deposit for the excessive holes and needing to repaint.
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30 September 2024 | 24 replies
Real Estate is more emotion than anything.
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28 September 2024 | 4 replies
To supplement my down payment, I have secured $50k via gift and inheritance.
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27 September 2024 | 6 replies
I have heard mixed responses on whether to charge both first and last month’s rent and a security deposit, or just first or last month’s rent and security deposit.
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29 September 2024 | 7 replies
The lease termination fee needs to be paid at the time they request this, do not substitute the security deposit for this purpose.This will ensure compensation for time, money and effort needed for a tenant turnover, including advertising and showing costs, regular repairs, utilities during vacancy etc.
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27 September 2024 | 1 reply
Security Deposits / Escrow: If you would like to use Baselane for an escrow account, you can simply open another sub account that is separate from your day-to-day activities.
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30 September 2024 | 25 replies
Let's say I buy at tax sale, I want your rehab money 30 days later, would you lend to me for the rehab without security of the property?
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27 September 2024 | 4 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
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27 September 2024 | 10 replies
Borrowing from multiple investors on one note creates a security that likely requires a registration or some other form of exemption.
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26 September 2024 | 8 replies
The rule of law has been replaced with the rule of feelings, emotion and an ideological mandate.4.