
14 July 2024 | 11 replies
This includes using a google voice # for tenant calls and texts, having a real estate agent show and rent the place for you, and having a PO Box where bills, legal paperwork, and payments are sent.

9 July 2024 | 2 replies
I have a tenant #1 that keeps making noise complaints of tenant #2 playing their music to loud and late at night.

14 July 2024 | 26 replies
His problem and complaint are REAL.

15 July 2024 | 10 replies
(Again, whether quitting your job is a good idea is a different question than if it's legal.)Good luck!

14 July 2024 | 4 replies
-JustinYou may want to talk to a Mortgage Loan Officer (MLO) to make sure a "partnership", a legal entity, is acceptable on an FHA Multi-Family loan.
14 July 2024 | 3 replies
@Aaron Simril you can try to sell it and hope a buyer will overlook these issues.Check your state laws, because in Michigan, you'd be legally required to disclose what you know about any repair issues and would be liable forever.Appears you may also have the opportunity to sell and avoid capital gain taxes on up to $500k of gains from a sale.

14 July 2024 | 3 replies
This step formalizes the transfer of rights from you to the new buyer.It's crucial to ensure that all parties are aware of and agree to the assignment process before proceeding.Closing:At the closing, the new buyer typically pays the purchase price outlined in the original purchase agreement directly to the seller.Simultaneously, the new buyer pays the assignment fee (your profit) to you, as specified in the assignment agreement.The closing may involve a title company or attorney to facilitate the transfer of ownership and ensure all legal requirements are met.

14 July 2024 | 6 replies
This helps to establish a "detrimental reliance" (implied contract) legal standing in case they attempted to go back on their notice.

15 July 2024 | 12 replies
I have a legal background and am more assertive and the Tenants go through me for requests.