Blake Varner
Can’t show property when tenant isn’t home but he’s always gone.
Hello. Newbie landlord here. Tenant is moving out in under a month. I want to show the property to prospects but my tenant doesn’t want strangers there when he’s not there. The problem is he’s almost never there. If I...
Craig Rout Gallant
Buying Duplex With Tenants: Removing existing tenants
I'm about to put an offer in on a duplex contingent on the current lessor/owner going through the proper channels for removal of tenants before closing date. I will be living in one half but the tenant who lives in th...
James H.
Texas Eviction for a New Purchase
Before I waste my time going down to the court to file...We are purchasing a home next week from a worn out landlord. It comes with an existing, problem, tenant who has not paid rent for a year. Can we file with the...
Richard Cheung
Is it normal for turnkey property contract to say "Buy as is"?
Hello,I'm very close to buying my first turnkey property and am reviewing the contract. Is it normal to purchase the home (rehab has not started) with a clause that says "The property is being sold AS IS with NO WARRA...
Sylvia B.
Fallout from tenant breakup. How would you handle this?
Just wondering how other landlords would handle this situation. I would like your input before saying what I did.Tenants are a young unmarried couple, no kids. Man has the bulk of the income, woman can't afford the re...
Tony Villarreal
Bought House, found AC issues after
Bought a 10 year old manufactured home 20 days ago. Inspection was done prior to closing, showed no ac/heat issues. Once we got into the house, we noticed the ac wasn't cooling to temp. The seller included a home warr...
Account Closed
Gun Issue in Tenant's Apartment
I am hoping to get some input on the community as to how to best handle this issue:Last week a gun was fired in a tenant's apartment, it passed through his unit and went into another unit. Luckily nobody was hurt. I...
Neil G.
Make an Offer on a Multi-Family Deal Without NOI?
I'm looking at an off-market eight unit condo building, but the seller isn't providing NOI, so I don't know the current CAP rate. They've offered a rent roll, but that's just showing the current roll (which shows 3/8 ...
Daniel L.
Wholesaling Entity P&L, COGS vs Operating Expenses?
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
Ben Bakhshi
Foreign investor guide?
I have some leads that live abroad, in Israel, and I would like to help them buy properties that we hold as rentals.
Is there a definitive guide or book to how to run these foreigner transactions successfully? Bonus ...