Both tenants are joint and several liable. One tenant request to leave for a new job. Only options in lease to leave early are to payout full balance remaining on lease term or sublet pending landlord approval.
T...
Hi BP - I closed on a duplex this morning. Both units are currently rented. It's an out of state property and I closed remotely.A few hours after signing all of the paperwork, I was told by the outgoing Property Man...
Hi!We have about 39,000 to put down on another rental. Should we use leverage and buy two homes at a lower price or 1 home at a higher price. After researching I believe we can bring in 200 a month above rent on each ...
So we just closed on a property and lesson learned we forgot to get copies of the move in reports for the current tenants. Learned that there wasn’t any. Previous owner was using the “buddy” system for moving in and o...
Has anyone had any luck supporting PPP forgivable fund applications for their 4unit and under Rental Properties reported on their Schedule E? If yes, what information did you use to support getting this loan? As fa...
Hello! I have a D (at best!) rental in Phoenix and my outgoing tenant trashed the place. I need new cabinets, paint, etc...is there a place in the Phoenix metro area that is best for buying used/dinged up or random pi...
Quick question: can anyone give me a recommendation for an 800 number provider?Thanks!
I worked as an acquisitions manager for a big real estate wholesaler. We did 10-20 deals every single month, like clockwork. Profits were $10k-$20k per deal. I was responsible for at least half of those deals.I had t...
I'm so tired of my fax/printer/scanner
I wrote a blog a while back on how irritating my fax/printer/scanner really is.
I started researching some different internet fax services. The idea to me is great, the prices...
Hello everyone, first post here.So I have a couple that no longer gets along and tenant 1 wants to move out. I said okay if tenant 2 gets a go-signer (did not qualify on their own). Tenant 2 found a co-signer who wi...