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Legal Issues - Any that I should be aware of as a new investor?
Hello,
I currently am new to the real estate scene. I was wondering if anyone has any advice on legal issues I should look out for when owning a rental property
I know one question I have in mind is more so liabili...
Account Closed
Texas Lease Options: Deciphering the Legal Jargon
So I have been reading into the Texas Property Code along with a book I bought Texas laws on Lease Options to figure out how to do it without violating any laws. Hehe, Texas has a lot of red tape to wade through.
It ...
Shain Ismailovski
New Executive Order in NJ: Using Security Deposit to Pay Rent
Gov. Murphy announced today that he has signed an Executive Order that will allow tenants to use the security deposit as a rent payment. Curious to know everyone's thoughts on this and how the EO will effect your busi...
Heidi Kenefick
Odd situation- water leak casued damage to neighboring unit
A unit I own out of state, which is vacant at the moment, had a leak. I wasn’t initially able to reach the PM, but eventually did and they went out and dried up the water. There was no damage to my unit so I did not f...
Jimmy Kong
Holdover Tenant and Non Payment of Rent
Hi, New landlord here and I am in New York City. I have a tenant who has stopped paying rent all together since June 2020. Since his lease ends in July 31, 2020, I issued him with a non-renewal lease letter. He just c...
Sherilyn Smith
Is small claims worth it for just over $3k? Can they counter?
First time landlord learning hard lessons. My STBXH decided to blow up our lives after 19 years together, forcing me to move back into the home we were renting out instead of renewing w/ our renter as originally inten...
Howard Yang
Lower risk of being targetted for lawsuit in commercial RE
Trying to evaluate the benefits of NNN single tenant investments so have a few questions:1. Are landlords of commercial real estate (especially single tenant NNN lease) less likely to be a target of lawsuits? I'm gues...
Lizina Green
How to obtain a foreclosure that has not been posted.
There is foreclosure in my area that has been seized and has been in the foreclosure process for over 2 years. It has not been listed for sale and still under the direction of a law firm. Has anyone been able to purch...
Steve Matrix
Purchasing Willed Home Without Probate
Hello,
I will make this as short as I can. Eleven years ago, my dear and beloved parents helped me out tremendously by purchasing a home in which I've lived for just over 11 years now. I had a horrendous business pa...
Viral Patel
Suggestion with Squatting
Hi,Our tenant left the house, her lease ended on 31 August. She has not paid the rent for August and not going to pay since she said no money to pay. The problem is that the tenant children (age 30 and above - which ...