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10 September 2021 | 5 replies
I purchased with tenants now the same tenants are holding us up even after they had a 10 month notice and have been given 2 months rent free and promised 5k once they moved out.
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8 September 2021 | 2 replies
I had an issue with someone texting me notice.My lease now says written notice on paper.
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11 September 2021 | 3 replies
One of the properties I'm looking at doesn't have any mortgages but when I was at the house there was a shut off notice from PPL that said they would turn the power back on if you paid a $14 reconnection charge and the prior electric bill of $10,604!
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8 September 2021 | 1 reply
Your best bet might be to let their lease expire and then give them notice that you are not renewing their lease.
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14 September 2021 | 6 replies
If we found that the majority of the leases are month to month we would plan on sending the tenants a letter terminating the month to month lease and giving them a move out notice.
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13 December 2021 | 6 replies
My grandfather willingly let a friend of a friend move into a studio apartment ADU in his backyard.It has been a couple of years now and she has piles of junk inside and outside of the unit and has also been throwing food scraps into the yard and into the pool.I believe her plan was to outlive him and acquire the property through adverse possession.Long story short, I'd like to hit her with a 3-day notice and start the eviction process ASAP.Is a 3-day reasonable in this situation, in San Bernardino county California?
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10 September 2021 | 14 replies
Got notice today the sellers will be accepting the offer
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8 October 2021 | 5 replies
- After going through the debris, we noticed that the tools we had in the home were missing.
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16 September 2021 | 55 replies
He says, "I noticed a suspicious plastic bag with white substance on the sidewalk.
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14 September 2021 | 22 replies
I do not believe you need a 1% property (1% rule) to have positive cash flow as there are many variables that determine if a property has positive cash flow, but I do believe it is a very rare market that has cash flow at investor LTV (at least 75% LTV) noticeably below a 0.7% ratio.Now for this ADU: $290K for $1.8K rent (on my calculations I will always use the more conservative of values) is a ratio of 0.62% (far below my 0.7% ratio that I indicated it would be a rare market to have positive cash flow).