I have a fourplex in Houston, TX and I live in SoCal. I have been going back and forth in legal matters trying to renegotiate our lease rates with my tenants. They are using it as an Airbnb Arbitrage, which is viola...
Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
My partner and I live in the California Bay Area and just closed on our first buy and hold SFH in St. Louis, MO. We're still getting it rent-ready, but we'll hopefully have a tenant in soon. That means that for the fi...
Hi All,I'm an investor renting out a property in Northern Virginia. I have a tenant problem - please help with your advice.Here's the story - this large house is currently rented to a group of 5 tenants (2 of whom are...
Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...
Bear with me. These things are always a bit complicated. Our rental is a triplex in California. We had a new tenant move into the middle unit about a month ago. Tenants on either side have lived there for 7+ years. Te...
Hello All! I'm hoping someone has a miracle idea because we are all out of ideas on our end! Situation: - Killer opportunity to sell one of our warehouses in Portland, OR. - No debt on property. - Tenant is wood worke...
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...
http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...