Dustin N.
Tenant Termination Prior to Commencement Date
Hi all,Can I keep a security deposit if tenant signed a contract but the commencement date is not until 3 months later?What is the legal effective date to hold tenant liable for rent - is it based on lease date or com...
Yoel Braver
Owner-Financing option without the risk of foreclosure
Hi there,I am currently investing in single-family properties in Florida and Indiana. I buy, rehab, refi and then I offer these homes under owner-financing terms (i.e. agreement for deed) with a 30 year payoff agreem...
Cameron Marmon
Do you get feedback from your leasing agent/Mgt company?
I have listed my investment property for lease and I am using an experienced Realtor, which I used in the past to buy my first home. She actually lives just up the road from the home I am trying to lease out.
She pu...
Ryan White
Section 8 single family homes
I'm a new investor and have an opportunity in front of me that I'm looking for advice. I have someone willing to sell me 2 section 8 homes (4 BR homes both built in 2009) and they have been rented out to the same fam...
Oscar Rodriguez
Inheriting Tenants with No Deposit
I am currently in contract for two duplexes. They both have paying tenants on month to month leases. The issue is that none of them have deposits. What are some suggestions for handling this situation? If anything...
Robert Campbell
Who do I call, RE Attorney? CPA?
All:I did my first flip earlier this year for proof of concept. 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor) . I am finishing my second one, which is going to be about 80k all-in, ex...
Tara Garcia
LLC without spouses?
My carpenter and I want to set up a real estate company and believe that if we incorporate (LLC), then we can purchase and sell properties as a company independent of our respective spouses. An atty informed me that t...
Michael Vialpando
House Hacking - 5% Conv Loan, Primary Res w Cottage - Not Poss?
Hey Pocketeers!My wife and I are making our first step from getting out of our early twenty mistake of buying a luxury home with land and moving into a house in downtown Colorado Springs. It will be our first stepping...
Edgar Villanueva
Overcrowding apartments and illegal tenants without leases.
Hello BP communityI need your feedback. My in-laws own a 4 family building in the Sunset Park area of Brooklyn NY, because of his age 82, he has not kept the premises as he should. To say the least they have not prope...
Wick Ra
Help with inspection notice
I recently purchased a 2 flat with basement. The previous owners had a problematic tenant in the first floor who was not paying the rent and ended up opening up several false complaints with the city and eventually le...