I just rented a home to a tenant who did not quite meet my income requirements.  I expressed my concern to her and she said she had $20,000 in savings and could get me a letter from the state where she gets just under...

When selling a rental property, is it usual/customary to reimburse the buyer the portion of the rent for the rest of the month after closing? For instance, if closing were held today, 2/16, would I need to reimburse b...

My own current month-to-month rental agreements I propose are pretty simple (KIS is my philosophy when it comes to paperwork, etc) and require minumum 30 days advance notice from either party of vacating unit. Same in...

Hi Guys…I have a client that has contacted me wanting to know if I could help set up owner financing for his properties.  He has 2 SFR and 2 Triplexes.  Total estimated value 550K.  Gross rents are 5,800. He wants som...

i dont have the credit history for a loan from the bank.i think owner financing would be my only solution to purchasing a multi family .maybe private lenders?about how much money do i need for a down payment and to us...

Hi all,. First rental property, first tenant and now sending a three day notice to pay or quit four months into the lease. I admit I have been lenient with my tenant and have now allowed him to be two months behind(Fe...

Hello BP,

I'm new to the site, and as a matter of fact this will be my introductory post!
I'm very interested in RE, and wanted to start out by buying a duplex, so I could live in half and rent out the other. I'm cu...

I have a possible tenant that would like to lease my property for 2 years.. and pay in full up front. Obviously I am ok with this..  no chasing rent and such. But, would there be any negatives to this? And what type o...

I own a property free and clear and have it for sale with Owner financing.  I'm trying to figure out what is the best way to sell it owner financed? What is the process? Do I have to use a RMLO or can I have an attorn...

Just got a question from a prospective tenant and wanted to know what you think. He's a college student and receives his student loans in August and January, so he wanted to know if he could pay four months' rent at a...