Look up each and every address to confirm it exists (credit reports have errors, and incorrect addresses occur); if it exists, you then research who owned it at the time when that applicant lived there.

More turnover occurs because tenants outgrow the space.

I want to add a clause to the lease agreement to protect me from tenant, pet or their company if an accident occurs due to water.How would I word it in the lease contract?

The listing is off the MLS and closing will occur at a title company, so I'm not too worried about title issues.

The purpose for giving the seller a remedy is a) to increase the seller's comfort with the Sub2, and b) if things go south, having an alternative to litigation in the contract reduces my risk of litigation.It simply occurred to me that you could use the same type of clause when selling.I'm not a lawyer and I have never sold via Sub2; I underscore again the need to work with a really good lawyer if you or anyone else wants to go down this road.

Parking, they wanted us to each deposit 500 in the hoa fund for any damages occurred due to tenants moving out. they were even trying to make us pay extra for water if the tenants had more than 2 ppl living in the condos because they are only 2 bedroom units.

But you will need to adjust your NOI downward along with the price to reflect higher vacancy, higher repair costs while the tenants are living in the house (because they live hard and don't have any extra money to pay for the things they break so you end up footing the bill or kicking them out), higher turnover costs due to the previously mentioned lifestyles, and certain vandalism that will occur which includes, but is not limited to, stripped pipes, stolen hvac, stolen hot water tank, stolen wires, stolen kitchen sink, etc.

A real estate cycle is a natural occurring up and down of home prices in a given area.

It is is seems some folks above are confusing student debt with business debt that occurs when someone is starting a practice.

An inspirational moment occurred to me a few weeks ago.