Cory Melious
Tenants plugged drain and septic tank with tush wipes. What to do?
31 October 2024 | 7 replies
I'll reach out to the lawyer in the meantime, but I suspect if they refuse to pay it, it'll have to come out of their security deposits when they move out?
Miguelli Fernandez
Seller needs two weeks after closing to move out
31 October 2024 | 23 replies
At a bare minimum, I would require a written lease agreement and a standard security deposit equal to an entire month of rent.
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
If a buyer is coming down with a high-down payment and quickly making a large deposit into escrow fighting tooth and nail about proof of funds may be a red herring.Credibility is also a factor here.
Chris Park
Tenant’s girlfriend (not on lease) bringing guests - problem?over
30 October 2024 | 15 replies
Yes, you have a deposit, but it may not be enough.2.
Alyssa Lake
What kind of terms would you expect for this kind of deal?
1 November 2024 | 7 replies
Ideally, you'll want to see average 90% occupancy across the board, otherwise you'll be relegated to regional bank and credit union lenders that require (i) recourse, (ii) deposit requirements at close, (iii) slightly higher rates, (iv) lower amortization, and (v) less interest only [if cash flow is a priority for you].
Erica Wilson
How Do I Create An LLC And Should I Hire Someone To Help Me?
31 October 2024 | 5 replies
---DSRC loans avoid this issue.4) Can't represent your LLC in court---You'll need to hire an attorney for evictions, Security deposit disputes, etc.If you need a business bank account, you can open one with a DBA, which you can get at the county.
Jessica Swanson
Tenets Not Out by end of Lease
31 October 2024 | 3 replies
Good chance they don't pay the owed amount, but you can probably also count it against their deposit and then send the balance to collections if they refuse to pay.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
Which is why there is more investment in real estate and bank deposits in the “western world” (which includes.
Trenton Brown
First time filling up a unit for property OOS
23 October 2024 | 7 replies
Most seem to want a showing (i am currently making a quick google sheet with available time slots on a Sat morning for my dad to show).
Nolan Peralta
Tenant not paying rent gone AWOL
31 October 2024 | 5 replies
If he doesn’t you use the security deposit.