Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
First time landlord here, so obviously I need to do better pre-screening. What I'm wondering is what I should do now. Tenants have been in only for four months, and have paid late two of those times. I don't think it'...
Hi guys! I am wanting to start investing ASAP and I have recently started a property management position. I am 18 and in the process of getting my KY real estate license but I really want to go ahead and invest. I hav...
Good afternoon,
I recently purchased a fourplex fully occupied and all tenants are month-to-month paying under market rent. I want to increase their rent and I have a letter written explaining the increase, but I w...
I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
Here's my situation:
I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).
Both of these rental units ...
I’ve come across a off market 12 unit apartment, for sale by owner. Sale price 660K. Current rent is 575/unit= 6,900/ month. Local market supports 625/month. Expenses are approximately 1,700/month. My question wh...
A tenant just called me and asked if I could work with them on the following. They found another property and want to be out of mine by Dec 15th. They even asked if on tomorrow, Dec 1st she could prorate the rent. ...
Looking to purchase a 4 unit rental with good financial numbers from retiring landlords. When I got the copy of the 4 leases, I about fell on the floor. They were 1 page leases with most of the information missing....