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I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...
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- Hired a property management company in May 2011 to manage my rental property- Typical management agreement between me and the company, included clauses saying that 1) they would collect a deposit equal to one month'...
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Bit of a tricky situation here - my tenant has been paying rent on time. She is the first tenant in my brand new SFH in Katy Tx that i purchased in Nov 2023. I reached out to her about a month ago via text messages an...
I need a little help regarding a wholesale deal I posted on BP. I am working with a Realtor to get a wholesale deal secured but we've hit a bump in the road..The problem is that the Realtors' Broker at Coldwell Banke...
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I downloaded the purchase agreement form from the free forms. And just wanted to know what goes in the Subject to section of the form and the $__________. if any seasond investors can help please.
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We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
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Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
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Tenant text me last week Thursday saying they are moving out on April 30th. They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...
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Elaborate story here.. quite a nightmare. Please read through and help.Setting the Table:Property is in San Diego, CaliforniaJust purchased and closed on a nice primary home with a granny flat in the back that is rent...
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Is there a good reason why people don't advertise and market their units for rent well in advance of when it's time to turn it over? I had great luck getting a leased signed in February for a July move in date. I do...