Need some help with my first investment property lease agreement. I have been showing the property and as of yesterday have someone who expressed interest in signing a lease. I sent the lease last night and haven’t he...
I am have heard through the grapevine that the property management side of my company cannot accept rents for properties that I do not own with out a brokers lenience is this true?
I have a late paying renter in a turnkey property in Memphis,TN. The management company is accepting partial rent payments from the tenant. I know in California if a landlord accepts partial rent, that may have a...
Hi,Made an offer of $150K (never expecting to be accepted) to one story SFH that was listed for $189K. 77450 zip code. Received a note from broker this morning that owners will accept my offer. Broker sent revised off...
I'm renting out a condo with a lot of interest and the prospects I went with agreed to the terms via email. I sent them the lease and other docs and they didn't reply for 5 hours. It's 3 guys and a broker and they're ...
Hi Everyone, I am a 25 year old who has lived in Chicago for three years. Just today I had a seller accept my offer on a 3 bed/2 bath condo in the Ukrainian Village neighborhood. Listed for $370,000, and we settled on...
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
In Charlotte, is this a new trend or am I only just now noticing it? Are sellers worried about buyers getting financed? What is the goal of advertising this status? Just curious.
Hello my fellow landlords,I have listed my first property and have my first applicant. I have a couple of questions regarding doing due diligence on applications. I have set a minimum standard of 3x income. rent i...
Did you know that FNMA is now going to accept ADU income? Previously, you could not treat an ADU like a second unit with income to offset your PITIA.Just wanted you to know! That's huge for places like Florida. There ...