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Hello,We are about to close on a property that has a current tennant. I was wondering how can we change or add terms to the current lease agreement being transferred to us? The agreement is good for another 10 months ...
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Hello,
I was planning on purchasing a multi-family property, only to find out that the property has been rezoned to a single family. Meaning that the property, which is set up for three units, can only be used as a s...
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Hello Community:I have currently rented a property to a tenant and signed the rental agreement in the name of Trust. The Trust is the on the Grant Deed (Title) as well.We have recently created a rental LLC and I am in...
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I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?
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When looking to rebrand a value-add apartment complex, often a property name change is involved, and even sometimes an address change is involved. What are the steps you take to effectively change the name? I've not b...
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Hello all, I'm just curious if I am the only one that has issues with the lenders continuing to question if i have enough liquidity in funding before closing? We have had to extend our closing 3 times because the lend...
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I’m trying to Refinance a investment property that i purchased with hard money loan but the bank is asking me to change the deed title to my personal name and not on my companies LLC, which is currently on. Can someon...
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Hello,I am abut to close on my investment property and will be inheriting tenants. Should I change the locks after I close the property? My agent told we should not as tenants are currently living. I was thinking it t...
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Just curious what others are doing with door locks. Do you automatically change locks with every turnover? Do you never change locks? Do you only change if there is evidence that previous tenant(s) may not be trust...
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We recently purchased a property and the previous owner had a master key for all their properties. They still have other properties, we purchased 8 units. Understand why they don't want to give us the master key, but ...