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Hi,I live in a 2bd/2ba condo an currently rent a room to a friend. I found out that he will be moving out in a couple months, so I am exploring different options of what to do for the second room.One of the potential...
This is my first time evicting a tenant. This relates to a commercial (retail) building in CA.On 11/6, I served a delinquent tenant with a 3-day notice to pay or quit. Tenant requested that I give him until 12/15 to ...
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I own a 6 unit building. My next door neighbor in another 6 unit building threatens to sue me because my tenants sometimes (not all the time) walk thru his parking lot or smoke while walking thru his lot. My tenants...
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We are brand new to the landlord business and will be purchasing our first house in a few weeks. I am looking for an electronic screening, application, contract and rent collection system. Vertical Rent looks pretty...
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I downloaded a whole bunch of forms and this one "Addendum to Option to Purchase Agreement" calls for a "witness" to sign.
Which documents that you are signing do you need a notary present and which don't?
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I have a potential borrower asking for a HML. Our good friend and mentor Jay Hinrichs suggested using the 3 C's for underwriting: character of the borrower, capacity to repay the loan, and of course, the collateral.He...
I am new to real estate wholesaling and I have a property under contract with a wholesaler investor. I want to make sure I executed the proper contract to control the home. Normally it is a private seller to do a (TRE...
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I am currently going through several applications for a unit I have available and was hoping to get some advice on what you ask prior landlords and PM companies when screening a potential tenant.
The main problem is ...
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Hey EveryoneJust recently met with an agent, who agreed to send me Philadelphia properties off his MLS. I am thinking of compensating him with a 70-30% of the Assignment Fee. 30% if I find the end buyer. 70% if he fin...
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Hello All!Going to close on my first duplex at the end of June! Woohoo!! Finally going to be entering in the ranks of you guys :DI know I still have a couple months before we even move in, but I want to start working ...