Sierra Rich
Property Gate- Security
I am curious your thoughts on an issue I am having with a duplex rental. There is a gate at the drive way to enter the property but currently there is only a chain that closes the gate doors, over the top pole situati...
Mike Oconnell
Double deposit vs pre-paid rent if rental qualifications are not met
If a rental applicant falls a little short of our qualification standard of 3x income or favorable credit, we sometimes offer an option for the tenant to pay a double security deposit or pay 2 or 3 month's rent in adv...
Garrett Pearson
What are my financing options
I need some advice. First, let me say that I toyed with the idea of investing for years but now am giving careful thought. I know that there is plenty of information on the questions that I am asking and I plan to do...
Mel Selvidge
Bars or No Bars on Windows?
I always think a house or block seems safer when I don't see caged windows and burly fencing everywhere. Personally, I have never wanted to live like I was "in the embassy" even when I lived in a high crime area like...
Jacob Weaver
Leasehold Estate with Lease Option
Hello All,I am working on taking control of a duplex using a long term lease option. The current rents are below market value and I plan on raising rents up to market value to add equity to the property while it is un...
Max Smetiouk
HELOC from Primary residence to buy land and tax implications?
Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...
Derrick S.
RE Broker wants a WRAP rather than Sub2 - Explain like I'm 5?
I'm not sure about the suggestion of the broker that is selling this property. I requested a Sub2 agreement with the seller (It's in probate, they're just trying to get out without losing money), and the broker said t...
Dana R.
Accept increased rent with tenant's security deposit?
When my tenant's 1 year lease expires, I gave that tenant the option to re-new it with another 1 year lease at a higher rent.But, the tenant wants to use part of their security deposit to pay for that rent increase. W...
Nathan A. Johnson
Security Deposits
When buying a rental property you inherit the old tenants that have a valid lease. What happens with that tenants Security Deposit? Does the old landlord transfer the money to you? If so, what would that process be li...
Tom Gimer
The Due on Sale clause (DOS)
This issue gets mentioned a lot on this site.Here is the "standard" DOS clause :------18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, “Interest in the Property” means a...