My lease states that rent is due on or before the 1st day of each month. "Weekends, holidays, and mail delays do not excuse Tenant's obligation to timely pay rent."It discusses the method of payment (direct deposit in...
Hi folks,
We had a tenant who was back on his rent during the 2009-2011 economic downturn. We had them evicted, with a payment plan for rent owed. To cut a long story short, our attorney (to our surprise) pe...
We run background and credit checks on our tenants. The first tenants that applied for a place we have for rent were section 8. We have developed a policy that we do not accept tenants:- with misdemeanors less than 8 ...
It seems that many landlords go to the unit to pick up rent. Is this to check on the property? Does anyone have the tenant just mail the rent?
Interesting article on lenders seek court actions against homeowners years after foreclosure:
Lenders seek court actions against homeowners years after foreclosure
I tried posting this in the "Buying and Selling Real Estate" forum and got no responses/help. Hopefully this is a more appropriate forum for the topic. If it's not, can someone please let me know where would be the ...
I have owned residential and a few commercial real estate properties for the past 15 years. I was a Chiropractic physician for 20 years and sold my practice in 2008. I have been a full-time investor since then and ...
This is my first post here. Several people suggested this would be the place to read, ask questions, and learn. My goal is to prepare myself so that when I pull the trigger on a building I'll be in the best possible...
Hi all,Just wondering if this is common practice or my bank is trying to pull a fast one. A few months ago I put in an offer that was accepted by the seller. As such, my lender (Chase) started the actual application p...
Hi,
(this is rather long. I numbered the questions, answer as much as you can. It will help a LOT!)
I am a newbie in real estate business and purchased a property in Philadelphia, PA last week. I wanted to leverage ...