Hovhannes Hunanyan
Second deed trust issues
Hello.I have second deed trust on my property which hasn’t been paid many years. I am always current with my first mortgage and never missed payment. about 6 years ago I filled Chapter 7 bankruptcy, but the deed hasen...
Anna McGill
Lease vs. Mortgage: What's better for cost and equity
Looking to get opinions on lease vs. mortgage options and whether you can build up equity through rent to own in the same way as a traditional mortgage.
Wally Johnson
On-Line Payment via Dwolla
I am considering automating my payment options for my tenants and would like feedback good or bad on using Dwolla. What are the pros and cons. One of my primary concerns is security of such an option.Thanking everyo...
Heather Faires
Evictions
Hello Group!I'm curious. Have you or anyone you know used a unique or interesting way to remove an undesirable tenant from your property. I'm not interested in traditional evictions (unless it's a great story!)I plan ...
Randy Duke
Lease option
I have heard a real estate guru claim that you can get way more rent with a lease option that with just a straight rental, also he said you should get a 5-10k non-refundable option deposit.My question is, is that true...
Vincent Plant
NON REFUNDABLE RENTAL DEPOSIT. GOOD IDEA?
I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
Chris Walters
Deducting from security deposit due to room not cleaned?
I've had a good stay as I have been renting out a bedroom in a Georgia home. This is until the lease has ended 6 months later and I have moved out. I didn't have a vacuum cleaner or broom, so when I left I packed all ...
Nick Kelly
Tenant paid security deposit
Went through tenant screening process, tenant filled out application and I approved. She sent the security deposit in to lock down the place. It took a few days to get the lease together because there was a little bac...
John Thedford
First, Last, Security? What IS The Best Way?
After landlording for five years, I have learned some stuff the hard way. How much is enough security deposit? Do I collect last months rent in advance?Here are my ideas:1. I do not collect last months rent. Under FL ...
Terrell Thomas
Lease option question
I'm confused.? If I get a home under contract with a seller on a lease option market that property find a buyer to agree to a one year lease option. I charge the buyer let's say a 5k down payment to get in the house...