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The Rent and Mortgage Cancellation act seems to potentially have a major impact (in a bad way) for those who are real estate investors. I am building a strategy and preparing to start making deals (small scale). Shoul...
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I'm interested in a property in Cypress, TX that was scheduled to be auctioned off in the Harris County Foreclosure auction today (1/5/20). However since the auction was cancelled, I'm wondering how the bank will hand...
I signed a lease with my landlord and paid the full security deposit. I was due to move in a week later. The same night he text me that he needed to cancel my lease because a relative with covid needed to quarantine t...
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My tenant informed me last month there were some issues they needed to handle elsewhere and would be leaving. Due to the pandemic I was fine with allowing them to break the lease and just leave with no penalty. I figu...
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I'm working on a deal structure and am curious to know if it's possible to get the benefits from an installment sale while still capturing the tax free gains from Sec. 121 ? The structure:
I want to sell my primary ...
So, I have a lease that is supposed to start on June 1st, 2021. The tenant who has already signed and paid her security deposit just contacted me and told me that she will no longer be moving in. I am wondering if I c...
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Tenant sent me a certified letter cancelling our tenant at will lease agreement. They gave me 30 days notice and told me that the property had been vacated. It had not been emptied of much of their property. I left ...
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State Farm is threatening to cancel our landlord insurance policy since the property has been vacant for more than 30 days. Is this normal?! What do others due when a property is vacant for longer than expected? I'm...
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Tenant moved in in August'21 and ended their service with PSEG in December. By default, PSEG has been charging me, the owner who is an owner occupant in this multi-family. I just noticed I the drop in utilities this w...
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Hey team,I recently purchased my first RENTAL property in St. Augustine, FL. The insurance company, Southern Oak, canceled on me because I own more than five rental properties. I thought maybe they would be concerned ...