Tony Castronovo
What do you charge to break a lease?
What terms/fees do you usually impose on a tenant who wants to terminate a lease agreement early? The penalty for early termination in my lease agreement is forfeiture of security deposit and one month's rent. It do...
Cristina Corredor
Which do you think is a "MUST READ" when learning about REI?
Recently I´ve read two books that I think are a "must", The E-Myth (Michael borger) and The MIillionaire Real Estate Agent (Gary Keller). Specially for us the new ones, I think they can both help you to start your bus...
Kimberly Kesterke
How can I get my credibility back with a tenant I hired ?
Well- despite all of the advice against it, I hired one of my tenants to do some basic property management work. He wanted work and I needed some help - pure and simple. You know how hindsight is 20/20? Well, I'm goin...
Misty Rossman
security deposit and early lease termination fee
Las Vegas, NV> We moved out of our rental property early (by two months) with an agreement to pay $2,850 early termination fee. We have a refundable deposit of $2,700. We did a move out walk through with the proper...
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Marc Globensky
B unit Tenant filed Department of Health complaint to try and get out of lease early.
Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
Colleen F.
Do you ever rescind a offer to a tenant of a rental and why?
Ok so I offered a property to a group of 3 younger female tenants whose landlord references were very good. I was upfront about everything in terms of pre-paid rents security deposit etc. I send them the deposit...
Shaun Reilly
Just hit the big time... Being sued!
Seems frivolous and my attorney agrees so I'm not all that worried about it.
Basically a homeowner that had(chose) to replace a heating system not long after she bought the place.
Looks like they are just throwing stu...
Tim Silvers
Tax Implications of Seller Financing on rehabbed property
What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?Hypothetical transaction with easy numbers:1) Seller acquires property for $100K...
Leif Norris
Quit Claim Deed issued.
I purchased land in Mountainburg, Arkansas at Crawford County. The land was owned by The State because tax delinquent. Cheap Lands firm came in possession of the land. I purchased the property from Cheap Lands and was...