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Bartering parking space for free rent - tax implications
I current rent an apartment in San Francisco for $2130 and have a garage parking space for which I pay $0, as stated in my lease. My landlord wants to turn the garage into ADUs. First he offered us (each tenant) $10...
Foley Ma
Tenant volunteering to upgrade/maintain house for a reduced rent
Hello BP,I'm a 1st time landlord. I am in the process of renting out my current SFH. I will be moving to my new house in a few days about 45 minutes away. I have in a fairly tight knit neighborhood, and one of the pre...
Llewelyn A.
Listing Broker May Not be Submitting my Offer to the Seller
About 2 weeks ago, I submitted an Offer to Purchase a Property for a Client/Buyer.The Seller's Agent got back to me and said that there is currently an offer with "No Finance Contingency" and because my Client will be...
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Is a 2 year lease worth a $200/month rent deduction?
Hello, all.
The house is listed at 2,175, but I want to ask the landlord for a monthly rent of 1,975, in exchange for a 2 year lease with a buy-out option. Is this too much to ask?
I have an excellent cr...
John Woodington
House Price Seems High in Dayton Minnesota
The wife and I are looking at this property tonight, not as a rental, but as a potential new primary residence for us and our children:https://www.zillow.com/homedetails/12161-E-French-...It's not perfect for our fami...
Matt Sterling
Questions About Making My First Offer
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take o...
Skylar Howard
Why the banks need to take shortsales.
Here is another email I received from the local SS group:
Here is a great Article which you should print out and give to the BPO Agent and/or Appraiser when they meet you at the house to get the value.
This Article ...
Wade Garrett
Question on Filing for Nonpayment
Let's say I have filed for eviction today, Jan 11, for rent that was due January 1. And in the time that the complaint is processed and we are granted a court date, the tenant sends me a check for the rent. If I want ...
David Eisen
Selling Dilemma in Las Vegas
I'm selling one of my rental houses in Las Vegas. Listed for 289K. Got an offer for 279K with the seller to contribute 7k to closing costs and purchase home warranty plan for $695.00. Buyer would get an FHA loan. I w...
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Subject To vs Wraps Similarities and Differences Part 1
Subject To and Wraps are very similar and yet, very different.
Subject To & Wraps share these characteristics
You are taking over payment of the mortgage and transferring the property into your name...