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Results (10,000+)
Steve Sayler Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
8 July 2024 | 17 replies
They compounded the issue when they falsified records trying to justify the eviction.  
Jimmy S. Collection agency?
8 July 2024 | 14 replies
Legal records can be harder to examine the further away a tenant moves or the more time that has passed, making them easier to miss.
Shane Allman Escrow account for rent Question
8 July 2024 | 2 replies
This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.
Nathan Gesner Do you support reusable credit checks?
8 July 2024 | 18 replies
In the last 30 days the tenant could have initiated a bankruptcy, had an eviction added to their record, been sent to collections by a creditor, etc.
Vincent Gamboa Can you wholesale a deal won at the auction?
10 July 2024 | 35 replies
its certainly a hell of a lot easier than chasing down wholesale deals.. you know the deals are there.. they are public record.. most on line.. you can go to Northwest trustee service.. you line up your private investors and do all the leg work for them.. check property check comps.. eye ball rehab.. etc etc.. then you run to their bank ( because they are busy making money in their day job) grab cashiers check and bid for them.. if you win you charge them a flat fee or you take a piece of the deal...
John Moseley Has Anyone Heard of Tim Bratz?
8 July 2024 | 42 replies
We also record all events, as proof that we don't venture into any gray area.
Lucas Cookson Help me understand this letter from ReconTrust
7 July 2024 | 6 replies
The letter states the following:FULL RECONVEYANCEWHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust dated XX/XX/20XX, and recorded on XX/XX/20XX as Instrument or Document No.
Jon K. (Current) Tenants say the dumbest things, too...
12 July 2024 | 281 replies
Dumb***** are now one less positive reference on their record and won't be getting further rental assistance from one of their only options because they didn't leave the property clean and lost security deposit.Moral of the story... screw sob stories.
Michael Hague Tenant moved out- owes rent / oil bill & left garage everywhere!
9 July 2024 | 21 replies
Keeping an itemized list with a breakdown of expenses is essential for record-keeping.
Eli King Strategies for Assuming Someone's Mortgage
7 July 2024 | 9 replies
This typically costs money, maybe $.02 -.10 per record.