Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Geez...I would notify the (female) tenant that she is in breach of contract.
Brian Willie
Selling Property Owned Subject To On Wrap-How To Structure?
29 December 2024 | 6 replies
You can't resolve the issue unless you pay off the loan, the bank sends the property into foreclosure and your original seller sues you for breach of contract and ruining his credit.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Breach of contract makes you liable for damages, but isn't a criminal act.
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
Additionally, I don't have the time to sift through all the legal jargon and pinpoint where they’ve breached the contract, so it's worth having a lawyer review it in my situation.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
Document lease breaches ASAP and move to terminate with your attorney in the loop.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
14 January 2025 | 11 replies
Hey @Thanh Lu, we don't do much direct bookings but we do have a $500 security deposit.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Nothing you mention is "ordinary" and you should charge for all of it. dodged a bullet there thats a very good price take it from the security deposit and call yourself lucky.
Evan Price
Possible Small Claims Court Action Considered - Need Previous Tenant's New Address
14 January 2025 | 1 reply
I just had tenants move out of my investment property (duplex) without paying for the last month's rent, and the damage they inflicted onto the property exceeds their security deposit amount.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
IN these cases they took title sub to from the sellers .. ( but in the case your describing its the same thing you have a senior note as most investors will want security) they then sold on contract to buyers with small down payments and credit challenged or income challenged and they did about 30 of these in a year or so.. worked hard at it..