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Searched the lease option forum but was unable to find this answer...user error I'm sure. Should language pertaining to a rent credit be included in the lease or the option? I plan to credit $100 to the T/B for each ...
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Would you use Legal Zoom to form your LLC for real estate or would you use a local lawyer? Why?
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I'm looking at buying a building that is listed for 870,000 But I feel its inflated based on potential. I value the property at 570000,(10%) cap. Its it even worth making such a low offer since the owners are asking 3...
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I would like to get landlord opinions on whether or not you use home warranties such as American Home Shield, etc for rental properties. Is this something that landlords utilize to reduce repair costs, Do you require...
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My tenant says she has mice and she uses it as a reason for not paying rent. She did not give it to me in a written statement. Do I have any reason to sue her?
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
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Hey BP!
I'm diving into QuickBooks Online for the first time and could use some guidance. To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ug...
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I’m trying to figure out how to work my numbers.
I found a duplex on the market for 225k
Both sides are renting for $975 a month
Taxes $2951.00
SqFt 3,662
Year Built 1980
Acres 0.288
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I have an LLC, and my bank is offering a line of credit to my LLC. Problem is I am buying a property and can't buy it inside of an LLC and would prefer to use a line of credit over using my own cash, but I know that t...
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I own 2 rental properties that I rely upon for my income as a landlord.
With the new virus mandates, tenants can simply not pay rent and there is little to no repercussions to recoup this money or evict. What on eart...