Account Closed
tenant wants to change 2 yr lease to a 1 yr after only a month!
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
Marc C.
The NEW Dodd-Frank-exempt Lease Option Concept
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Mark A.
Tenant using Basement Washing Machine for Free
Hey all,I just need somewhere to brain dump.My tenant moved in about a year ago. I told her that we do not offer any washer or dryers with the unit. In the basement of my duplex, I have a washer and dryer in the basem...
Aaron Thivierge
Closing on 1st Real Estate Investment with questions.
Good afternoon. I've been a member for 4 years or so, but I got distracted for 3 of them. Now, the fire is lit again, and I'm motivated. I have been in discussion with 3 owners of a single family home that has been a...
Barbara Berta
Seller not signing the release of EMD
Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of week...
Jake Belden
Starting an LLC after two properties
In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
Joy May
Government taking over property ownership
I’ve heard rumors about plans the government is getting ready to set into motion that will force home owners to give possession of all private property over to where no one will be allowed to own their own homes. As s...
David McBrayer
Our HOA has dissolved and I could use some advise please?
Hello and thank you for checking out my discussion. Well, I am having my first taste of the Landlord Blues. I bought a 2-1 condo around Christmas time and bought it with owner financing. But since I have bought the...
Matthew Anderson
New landlord problems, tenant that thinks they're in charge
Just bought my first property in Pittsfield, New Hampshire, it's a four-unit built in 1850 my family and I plan to do an owner occupied unit with tenants in the other 3 units. The previous landlord seemed to have fo...
Eli C.
When does forming a multimember LLC count as a security transaction
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...