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We've submitted a complete package to Indymac. They are as slow as they come. We sent over a standard P&S agreement with the addendum attached. They said it looks like we are trying to assign the contract, and the...
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I AM NOT AN ATTORNEY AND I AM NOT GIVING LEGAL ADVICE. SEEK LEGAL ADVICE REGARDING ANYTHING SAID BELOW. It appears that many landlords are unaware of how to stay out of costly County Court after a tenant appeals a ...
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I posted a quit notice on one of my rentals due to non-payment (tenant lost her job). It was not pleasant and communication has ceased but neighbors have let me know she moved out. I just filed the Dispossession pap...
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Howdy,
I just ran across a property (4BR/2Ba) in which the owner passed away a little over a month ago. The owners "friends" still live there, but are no longer paying rent. It is not yet a Pre Forclosure. ...
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Please forgive my newbie question regarding wholesaling,... but is it possible, or common, to put in your sales contract that it commences upon the excercising of the seperate Option contract? The Option to Purchase ...
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Made a full price offer on a 4 plex, contingent on inspection. Asked for and was given (a few days later) the owners 2014 & 2015 tax returns. The agent is a dual agent, he listed and contacted me about the listing...
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Our Tenants are about to move out. In all 3 kids bedrooms they mounted a TV and stuck sticky 3M LED light strips all along the perimeter seams of the walls and the corners. In each room this adds up to about 75 feet...
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Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...
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1) If the carpet's already old enough to need replacement within the next year, would you deduct carpet damages from a tenant's deposit?2) How do you calculate the "reasonable wear and tear" on carpet (or other assets...
I bought two single family properties in 2020 at the sheriff sale in Guadalupe county. Neither were homestead so they fell under the 180 day rights of redemption period. The problem I ran into is that I can't find a t...