How are people holding security deposits in NC? I purchased my first investment property in NC (previously properties were in California). My understanding is that the security deposit needs to be in a trust account w...

I have a tricky situation regarding my tenant's security deposit.The situation is such that:- My tenants signed the lease in their name- My tenants employer agreed to pay for everything (1st & last month's rent an...

Has anyone bought an REO from HSBC? Did it take longer than normal from inspection period to close? Thanks.

I have a single family home that I used a property management to place a tenant 2 years ago.I've decided to part ways with the PM but the tenants want to sign another year long lease. I'm in the process of writing up ...

Good Morning BP,I am planning on writing an LOI for a property in the next week. The deal will be either a 4, 6, or 10 unit property(depends on who accepts my offer). These are all LTR that require some work but the e...

No clue how to move forward on this one???  Gentleman called and he is working with his uncle to sell the Uncles 26 rental properties.  The package is $1.7mil and cash flows $235k year in Richmond they want my buyers ...

I think I am close to an agreement to purchase six properties from the same seller. They are approximately 30% below market value.

My husband and I would each purchase three properties in our own names, to minimize t...

Hi Guys,I am about to take control on a 22,000 SF office building and I need your help by having a great spreadsheet to control expenses and income.I need something that controls the lease, vacant spaces, deposits, re...

We opened escrow in May this year and after an uphill battle with paperwork we finally received notice from the title office of the closing date.
The buyer, after promising he has the funds in the bank, decided to sta...

I would love to hear different items you have added to a generic lease template that you think are important.