When a property is sold with tenants, their security deposit is ordinarily transferred to the new owner. What happens if the tenants are behind in rent? Can the old landlord deduct it from the security deposit or do t...
I'm looking for guidance on this situation. I'm in Louisville, KY and have a small home I rent to a young, unmarried couple with a infant. They are in the 9th month of a 12 month lease. They are current on their...
Hi all,I'm struggling with an odd situation and hoped to get some good input from someone who knows the law better than I do. I started a lease on a couple last year (2 year lease) and they have since broke up. The gu...
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...
Hi everyone,First, for disclosure I am a licensed agent and a property management company owner in the state of Texas. Okay, back in April of this year I was working for a PM company as an employee and a vendor is ask...
We decided to sell the townhouse in Aug. After 3 months post there’s no good offer. How much I should pay our agent for all the efforts she put in selling this house if we decided not to sell now?
Some background he...
Hello!I have just closed on a 2 unit property in North Carolina and inherited tenants in one of the units. They are paying way below market value for their unit and it would be ideal if I could either propose a rent i...
Good afternoon,I was just notified by my tenant that he was weedeating around the foundation of the house, and ended up catching a rock and flinging it through a pair of french doors. The doors will cost $800 to repl...
Hi BP Community.I am selling a house in central Florida and was contacted by an investor with the following Lease/Option agreement. This guy apparently finds potential tenants/buyers that want to live in a house for 3...
To the married investors out there - do you and your spouse maintain separate checking accounts? I personally would have a hard time with it. Can you really be a happily married successful investor and keep your money...