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3 February 2025 | 25 replies
If I secure renters and show a lease agreement and deposit can I get into lower interest rate mortgage?
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7 February 2025 | 7 replies
You could break the ice, introduce yourself (unless you go PM), do an inspection, and bring a lease agreement for them to read and hopefully sign.You'll probably increase the rent.
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4 February 2025 | 4 replies
If Person A had any claim to the deposit, it would have been right after they left, which apparently was over a year ago.Your agreement is with Person B and that's who you would return the deposit to.
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31 January 2025 | 4 replies
the terms of your agreement with the agent will lay that out
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18 February 2025 | 1 reply
Business Continuity: If you invest with partners, a properly structured key person insurance or buy-sell agreement funded by life insurance can ensure a smooth transition if one partner is no longer around.
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18 February 2025 | 35 replies
Depends on the operating agreement and docs you signed.
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1 February 2025 | 4 replies
Apparently they take preferred interest in your company or have you sign a UCC cash flow agreement.
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16 February 2025 | 20 replies
My best current strategy is a lease purchase agreement, where they give me the house for a low lease amount and I cash them out after I'm done remodeling.
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10 February 2025 | 2 replies
Their insurance has asked me to return the month's payment for the remaining days of their rental (Unfortunately, I did not have a cancellation agreement).I am unsure how to handle this situation, especially since I couldn't fill the majority of the rental dates and had to offer discounts for the days I did manage to book.
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13 February 2025 | 8 replies
If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.