I have a current tenant who would like to buy a rental house he's leasing. I'm thinking of doing a 2 year lease with option to purchase.
I'm curious the opinions of the group
1. How much down?
2. How much rent c...
From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...
We have had a HECK of a ride getting financing for our 4th Vacation Rental, but are finally getting ready to close. We are using a conventional 15 yr investment loan through TD Bank. They want to see our 30% downpayme...
Hello All I would appreciate getting your brilliant thoughts on a topic I am making a decision on.Situation: I inherited a tenant who had been in my building for 5 years when I purchased my 3 fam building 2 months ago...
I have a client seeking an owner occupied short term mortgage (12 months) that doesn't require a min credit score. The husband's score is around 475-500 and the wife's is around 550. The husband was ill and they fel...
I'm editing my lease document to reflect my (planned) use of erentpayment.com for rent payments. (Mine is currently full of the old bank account info for direct deposit/mailing.) If you're collecting rent via erentpay...
Hello BP,
Here's a question for the Section 8 experts in the community:
The management company is claiming they did not receive rent for the last month of the lease (section 8 tenants) and that the tenants probably ...
I have a relatively small rental portfolio by properties, but have come across an amazing multi-family. I'm typically very conservative in my investments, but to make the 20 or 25% downpayment, I don't want to sell st...
I am renting out my unfurnished 2BR / 2 BA townhouse for $2k/month. Security deposit is $3,500 + first and last month's rent are the move-in costs, bringing it to $7,500. Right now I got 2 prospective tenants, both wo...
HelloI filed eviction not too long ago, called lawyer office today.found out bad tenant got answered.I cannot believe she gave me bounced check for security deposit and prorated rent.What kind of answers she can do? s...