Neeta Agrawal
Asking for Security deposit after 1.5 yrs
4 January 2025 | 7 replies
Text isn't an officially acceptable way of relaying this information here.On the somewhat rare occasion when I deduct from a security deposit, I send an itemized list of the expenses deducted to the tenant's new address via certified mail.
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
You guys have taken massive action in two years and you should be proud of that.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
Additionally, since my parents are nearing the retirement age, I'd like to prioritize low-debt, high-cashflow deals.
Aaron Sommerville
Purchasing my first rental property in 12 - 14 months, any advice?!
26 January 2025 | 4 replies
In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.
Jeet Sangha
Did You Know? Trust-Owned Homes May Face Insurance Issues
27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
We finally close with title insurance.14. seller is holed up its a massive hoarder situation as bad as I have ever seen.15. another 6 months to get eviction.so about 30 months later we finally take possession and bull doze house and built three new homes. 250k in out for 30 months another 30k in legal fees..
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
Matthew Orr
Should I sure for specific performance?
28 January 2025 | 9 replies
Additionally, the contract with the wholesaler is set to expire on Monday the 27th.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
Moving forward in my commercial leases I will now include language making the placement of thermostats the landlords decision with additional language prohibiting the relocation.
Christopher Hu
First Rental Property listing questions
29 January 2025 | 5 replies
You can prevent this by requiring them to add you as "additional interest" on their policy.