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...
I have an investment property with title under my name and I'd like to rent it out. Can I sign a contract with property manger through my LLC as and receive income and charge expenses through my LLC?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $68,750
Cash invested: $1,800
Purchased this as my first rental as a long-distance investor because I couldn't affo...
Hi guys,I recently obtained my brokers licensed in Tennessee and I am launching a property management business in June. In Tennessee, brokers are required to maintain an operational account and trust account. The only...
Just took a year and one month to get a 2600 sq ft duplex into beautiful shape. It's in a "B-" area and the young married couple who signed a year's lease July 1st, just broke up and are filing bankruptcy. He had mo...
What in my lease should I make sure to have that might not be in generic leases?
I'm sure someone has run into this issue so I figured I'd reach out but first a little back story. Tenants signed a 1 year lease in July. Paid rent on time if not early every month. A few months ago they asked if t...
Hello everyone, I finally made the move on a Triplex in Florida. I was curious to know what the first step to do when there is already a tenant in place. (House has not been closed on, but offer accepted).This tenant ...
I have two units Prop subject to RSO in LA County. The second unit occupied by family just became vacant due to death. The tenant of 1st unit wanted to rent the 2nd unit, filled out the application but I found a bette...
So many websites discussing/offering land trusts boast 'Using a land trust, the true owner of a property is never disclosed'.
Obviously that is the result AFTER the transfer of property is already complete.
But wha...