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14 January 2025 | 9 replies
Unless the medical condition meets the state criteria for early termination and that the medical notice does not appear to suggest that, you cannot terminate the lease outright/immediately but that you will begin to market the property for rental and upon securing an acceptable tenant, the lease can be terminated pending a satisfactory property walkthrough indicating no damages.
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12 February 2025 | 19 replies
Security deposits have to be held in an escrow account disclosed to the real estate commission which requires a yearly report and all leases need to disclose your license information.
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14 January 2025 | 7 replies
Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.
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12 February 2025 | 9 replies
To combat this: market the property well, be transparent, secure a great flood insurance rate so a buyer can know the cost and be able to transfer the policy.5) no flood zone AE does nothing to rental rates6) if the insurance rate seems high then get a flood cert and maybe it will decrease.
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15 January 2025 | 8 replies
It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.
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10 January 2025 | 21 replies
Quote from @Brian Rocha: I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself.
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17 January 2025 | 9 replies
You've definitely come to the right place to find resources and connections.Here, you'll find several knowledgeable and experienced agents who can help guide you in securing the right property.
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18 January 2025 | 8 replies
If the loan amount you are looking for is small relative to the value of the first and the second property combined, they are very well secured on a LTV%; ask for a 1% point lower rate.If you don't want to Cross Collateralize, do you have any CD's or MM you can transfer to this bank as collateral.
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11 January 2025 | 1 reply
Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.
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27 January 2025 | 33 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.