Patrick Bartlett
accepting a holding fee
Hello allWe are considering accepting a holding fee from a potential tenant that will go towards his security deposit when he completes payment of security deposit and first month's rent by a specified date. If he fai...
Jon Pinkerton
Comingling rent payment
I recently leased a residential property that is titled in a trust. I was delayed in getting a checking / operating account set up as I needed to consult with my lawyer on the proper name that should be on the accou...
Jove K.
Guarantor Requirement for Partnership Deal
I am working on my first deal (in Texas) with passive investors. We planned to create an LLC and have all passive investors be silent partners on the LLC while the active investors will be general partners on this LLC...
Michael Doherty
How to collect back due rent before selling property?
Hi all,I am closing on the sale of a MF I purchased earlier this year. When I originally purchased it, the seller only credited me 1 of units security deposit and used the other units deposit to cover back pay rent. I...
Tim Ryan
Liquidity in a Relatively Illiquid Market
Just listened to this podcast about tokenized securities and how it will affect the real estate industry. https://anthonypompliano.com/p... I think it's a very interesting topic that might just change how my business ...
Matthew Cope
Apartment Dumpster Headache
My wife and I bought our first apartment in Springfield, MO last winter and the biggest headache we've had with the property is the dumpster. It's turned into the community dumpster and people (non-residents) keep lea...
Nicholas Lohr
Trading Real Estate on the Blockchain has begun. Opinions?
Here we go! (i guess?)This company is slicing up commercial real estate and giving investors the option to trade it on the blockchain! They are "unlocking liquidity" as they say. https://harbor.com/investorshttps://...
Jonathan B.
House with Equity, Paying off arrears and creating a 2nd mortgage
Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely n...
Paul Bush
Can I assign or double close a lease-purchase deal to somebody getting a FHA loan?
I have a Question that I hope is easy for somebody...
I am working on a deal where I have leased a house with a purchase option. I am hoping to flip it to a retail buyer who will get a FHA insured loan. Is th...
Zach Henderson
Raising funds for improvements within a Lease Option
Hi Friends! The spreadsheet gods have smiled upon me and so has the owner of an 18 Unit property in Clemson SC (my home turf). I'm executing a lease option with the owner starting on July 1st with the intention of pur...