Devon Yates
Updating lease for existing tenant after purchasing new property
Hello all,I closed on a duplex recently with an existing tenant. They are on a month-to-month lease and have been for almost a decade. How do you go about updating the lease with an existing tenant? I plan on incre...
John Thedford
Disclosure Of Member Of RE Brokerage LLC Required In Any Transaction?
Scenario: RE Brokerage is set up as an LLC. Members of the LLC (not managing members and not licensed as agents or brokers) want to buy, sell, flip, etc properties some of which may be discovered through the RE broker...
Brandon K.
Seller (illegally?) requiring title company
I submitted a SFR contract that got accepted as-is over the weekend except with an addendum (counter) that we use the seller's title company that was specified on the private section of the MLS listing. We'd prefer t...
Jacob Lindgren
Appropriate steps to take with renters already in a new property
Hello all, I am considering a property right now that already has a tenant in it. They are under contract until July 2023. From what I understand, they are prompt payers. I am not overly concerned about them and they ...
Leo Kingston
RESPA WILL CHANGE AUGUST 1, 2015 WILL YOUR RE BUSINESS BE READY?
Most people who have participated in residential real estate transactions as buyers or sellers remember experiencing last-minute changes at the closing table. Real estate agents, mortgage lenders, title companies a...
Sarah Spinosa
Crappy Lanlord in KY what to do?
I have a friend who’s landlord keeps neglecting to replace their broken HVAC system. She has not had heating or air since August (practically since the time she has moved in). She calls weekly asking for him to repair...
Edward Shin
INSTALLMENT LAND CONTRACTS: what's the good, the bad, and the ugly?
I've recently been introduced to the strategy of selling property using an installment land contract. It's appealing for a number of reasons: the buyer gets equitable interest in a property, takes care of all repairs,...
Sara W.
Lending through self directed IRA
Hi,I want to start doing some private lending through a self directed IRA account to take advantage of the tax deferred benefit of a retirement account. Does anyone know any private lending companies that allow lendin...
Brandon Holley
rental property inspections and licensing fees unconstitutional
From our Local MAREI team! The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlo...
Jacob G.
Buying a non performing note from a bank
I have a property that the owner went into bankruptcy. How do I negotiate with the bank on buying the first mortgage note from them?