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In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
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Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
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I have a seller with several turn key rentals he's getting rid of. I am in the process of putting 3 under contract and he is asking for 10% earnest money on each. I'm still fairly new to wholesaling but isn't that a b...
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Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he'...
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So, I have a tenant that is moving in on 2020-10-01 and we have already gone through the whole pre-screening, interview, application process, background/credit check, signing the lease agreement, everything was great....
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Hello, My name is Ana I'm new to this site. I'm an investor in Union City. I currently own a 1 family and 2 family in Union City. I'm converting my 2 family into a 3 family. I got to say that it has not been an easy ...
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Well today it happened folks. Got to the property I am currently rehabbing and found the door kicked in, with all my tools stolen. This is my first property, and I’ve been rehabbing it by myself for the last few month...
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Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...
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I have examined many leases and I have never seen an expressed complete clause whereby the tenant damages the property and the landlord receives compensation immediately. I do not want to wait till they vacate and ha...