Also, many lenders are picky about the operating agreement and structure of the LLCs.

Out here on the West coast the buyers brokers agreements were not nearly as common as back east and buyers out here are not familiar with them and are balking.. then sellers are balking at paying outside agent because of the laws Etc etc.. 

**On 4/14 Jeff Swiecicki terminated my agreement via email.

If you stay on the mortgage, you need to write out a legal agreement as to what happens when she sells (or if she finds another boyfriend/gets married). 

They collect the rent, deduct their fee and any other expenses they are allowed/required to pay on your behalf, then they distribute the remaining funds to you.It's critical that you review the property management agreement and understand what you agreed to.

The landlord could offer to mow the lawn and shovel the walk, while making the tenant responsible for repairing or replacing the washing machine.Landlords and tenants need to confirm what is required within their written agreement.

Also make sure he/she is a native Spanish speaker or at least very fluent since the agreements and legal documents are always in Spanish, some are translated as a courtesy but the Spanish versión always prevails.

We ask for 30 days notice and include that in our lease agreement but understand and are flexible with tenants so long as they are respectful and cooperative.

So I have a 4 unit that is under agreement to sell and the inspection report came back with some electrical issues that needed to be addressed.

I had this happen earlier this year since I was not on the agreement, but found the buyer the deal through a wholesaler.