John Chea
When a tenant moves out and new tenant moves in.
Hello everyone, I am new to property management, my tenants are grandfathered in when I bought the property and would like to know how I should handle the current situation. Short story, husband and wife on month t...
Gene Hacker
Tenant dies, others move in and are behind on rent - eviction
Here is the short version...My tenant passes away, she owed a few hundred dollars but not much. The tenant was the only name on the lease.The family notifies me and says there will be moving her stuff out. A couple ...
Enyi Ajoku
What type of termination do i present
Hello Everyone,I just closed on a MFH, the existing tenants are on Month to Month but prior to closing i got a lease agreement from the seller that is dated as far back as 2014.I dont plan on keeping the tenants as th...
Larry Watson
Cost segregation form in excel
Does anyone have an excel sheet that you use for "cost segregation"?
Michelle Artmeier
Not sure what to do - looking for RE advice
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
Joel Schaefer
Tips on inheriting tenants
My wife and I are about to close on a 3 unit property outside of Sacramento. All three units are currently leased. We have reviewed the leases and met with two of the tenants during escrow and everything has been up t...
Nathan Gesner
What do you do when Tenant abandons property?
What do you do when the Tenant leaves personal property behind? Do you trash it? Put it in storage? Sell it on ebay?It's not unusual for tenants to move out - or be kicked out - and leave personal property behind. I'v...
Chris Shuptar
Buying without an agent
I want to buy my neighbor's house. They just had their first kid and they have already bought another house. They considered renting their current house, but I'm trying to convince them to sell it to me.
Luckily, the...
John Corey
Achieving USA accredited investor status?
I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
Robert Nason
Messy Children using common areas as a play ground
I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...