Vic Delgado
Finding authorized seller for defunct Church, adverse possession?
Hi everyone,I'm trying to find the owner of a vacant property whose last owner is listed as a church. After visiting the state website, the only church listed in that name ended over 9 years ago. I've tried calling th...
Tommy R
Is it required to give a certain amount of earnest money per contract?
And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...
Ganesh S.
Attorney taking us for a ride?
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...
Calvin Kwan
Contingencies in a competitive market
Hey Guys,In a competitive market, what time frames are you giving on your contingencies? My agent is suggesting a 10 day loan, appraisal and inspection. 30 day close.Does that seem a bit aggressive? We've identifie...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Andy Rousch
Question my MBA professor asked me, looking to surprise him
Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals. Would owners of rental houses in this city be likely to support this proposal...
Jen Salemi
Offer 25% less than asking
Hi: I have a question concerning the best strategy to get a seller to accept an offer 25% less than current asking price. Here are the facts: Property is located in central New Hampshire and is over 100 acres and 2....
Christine Swaidan
Retaliatory Actions and Evictions
Not really asking for advice here but did want to share a recent situation. Newer tenant who signed a non-smoking agreement when he moved in was smoking pot. Another tenant complained of the smell. I gave newer tenant...
Robin W.
An Ideal Dog Agreement
I got myself into trouble by verbally agreeing to a tenant's question during a signing over a year ago:These A+ tenants said, "We're interested in getting a dog at some point. If that's ok, we can sign a two year leas...
Marci Stein
How long to wait to evict?
Tenant just moved in and is 2 weeks late due to "moving expenses"
If late again , how long to wait next month till start evicting?
is there a 3 day notice required first ?thanks!