Raghavendra Jakkani
Process of renting out my first investment property
16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.
Deepak Advani
Is Finders Fee Legal ?
18 October 2024 | 13 replies
Representing buyers or sellers, renting or leasing, auctioning real estate all require a license.
Caleb L.
Is it legal to bird dog in Texas without a license?
16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
Tasha Smith
BP fan for years, now actively investing! Hi from Illinois :)
19 October 2024 | 14 replies
We are actively investing in the Champaign market, selling an inheritance property in Central Florida and trying to figure out what to do with our long term lease in Phoenix, AZ that is currently costing us a few $100 vs. cash flowing :) Excited to meet others, would love to know of any in person meet ups in southern/central Illinois. happy to be here!
Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
Currently, asking some of my close friends to help sign a lease agreement with me.
Jason Sung
Earliest time I can do 1031?
18 October 2024 | 5 replies
I found a tenant who signed one year lease contract.
Daniel Slayton
Has anyone worked with Homeroom before?
18 October 2024 | 15 replies
Rent collected way under fees paid lease, extra utility charges to me, management fees, taxes, insurance, do not even come close.
Rodrigo Garcia Rios
What a good app to collect rent money?
16 October 2024 | 3 replies
What a good app to keep track of leases with tenants and collected rent money each month and automatically apply late fees if they don't pay on time?
Cody M.
Car Dealership Commercial Property
15 October 2024 | 4 replies
Ideally he will be stay there for 10 months and lease the property from the new owner while he gets ready for his move.
Jennifer Taylor
Legal Structure Questions
16 October 2024 | 6 replies
-I will then put in place a lease agreement between ourselves personally to the new property management LLC to lease the cottage and between the ownership entity of the other rental property to the prop management company.