Jerry Hill
Domestic Violence and splitting the lease
Hello all,
I find myself this morning in a situation I'm not sure how to proceed. I have a boyfriend/girlfriend living in one of my units and both names appear on the 6 month lease. The Mr. was arrested over the week...
Jason Smith
First investment duplex stories!
So I just purchase my first property, it is a house and a 1/2 duplex, here are the stats, insurance 660/year, taxes 1730/year total rents currently at 775 per month (350 and 425). The purchase price was 30000 with 4...
Arcinio Arauz
B of A HELOC
Hello all,Say I have a house (inherited). I conduct a title search to find a possible lien from B of A for a HELOC. The HELOC hasn't been paid since 2011. It's now 2016 (as you know). I transfer title into my name, th...
Annette Radvansky
Property Managers and Security Deposits
Is it normal for a property manager's agreement to take the tenant's security deposit and hold it for the life of the lease? A PM I considered stipulated this in the contract. It also put the liability on me to pay it...
Rob Randle
New Landlord, Advice Appreciated
So I am a new landlord and will be leasing my first buy and hold property. I will be renting in NJ and have done some research on renting in the state.My plan is to get my lease off of ezlandlordforms.com. I also pl...
Sam Leon
Harley biker as a tenant?
I know there are equal opportunity laws, anti-discrimination laws and protected classes.What are your opinions on renting to a guy who's owns a Harley, and is dressed like a typical biker with lots of tattoo.It's a qu...
Jeff Koller
Cozy ACH payment reversal
My tenant got mad after I legitimately deducted $600 from his security deposit for cleaning fee and damaged furniture so he reversed his last months rent on cozy. I immediately put in a block with my bank to stop the...
Charles Bradford
Can't evict during pandemic? There may be a window for you!
Managing rental properties has certainly had it's challenges during COVID-19. While evictions are still frozen in many areas of the country, income is down while ongoing maintenance costs continue. To top it off, ci...
Chris Wilson
Possible mobile home purchase.
I've been perusing on zillow ran across a mobile home I can afford to pay cash for. However, I dont know much about them. Do you pay for the ot of land if mobile home is payed in full? Would you run comps differently?...
Jim Struthers
Need advice as a young new real estate investor
I am currently an unemployed college student, trying to purchase my first rental property.
Today I went to view a property that is listed at 33k. I have enough money for the down payment, and enough left over for an...