
3 December 2013 | 7 replies
This works fine with electricity and gas, but in many jurisdictions the water/sewer is either not segregated by unit or, in the case of a SFH property, must remain in the name of the property owner - which leads to the landlord carrying this utility.We have many student tenants who are unable to secure utilities in their name without posting a substantial deposit - this has to do with their not having a sufficient credit history.

3 December 2013 | 2 replies
What do you think the best choice is in your opinion?

15 December 2013 | 15 replies
An LLC is an LLC, so I'm going to go on the assumption that you mean how it should be taxed: as a partnership, a corporation, or as a disregarded entity (which would pass through onto your personal income tax return(s)).That question is best answered by talking with your son and your accountant; the three of you should quickly come to the choice that works for you.

5 December 2013 | 24 replies
You can put in your lease that if the tenant is late you may cut off a finger of your choice.

27 January 2014 | 13 replies
One contract with an attached addendum of the list of properties should be sufficient.

5 December 2013 | 16 replies
I know I'm throwing ideas against the wall, but if you don't have a team in place, then your only choices are a helpful business acquaintance or wait until you get back.

13 December 2013 | 19 replies
Threaten eviction, her poor choices are not your emergency.

31 January 2014 | 3 replies
However, if you have grossed-up your payments, in addition to paying bi-weekly, your monthly debt service may be sufficiently large the bank has concluded you could not service more than another 100K of debt.

13 December 2013 | 37 replies
My short answer to you would be to not rule either a choice of single family or duplex out.

24 November 2015 | 3 replies
That residential condo rehab project may require a low initial get in now amount and additional purchase money deposits as construction proceeds.IMO, I can make the argument that this is not financing a purchase, it's an agreement to save toward the sale price and when savings are sufficient, or at any time, the seller has the right to close.I'd say a lender would buy this more so than the lease-option as to the due on sale clause under the argument just mentioned.Another plus for the purchase agreement is that a buyer may agree to pay for improvements or repairs necessary!