I'm working on a Sub2 deal and have been reading tons of posts here on BP. I know I need a POA but would like an actual example of the specific language some of you use to address the immediate and longer term issues...
Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...
Like everyone right now, I am spending a lot of time at home thinking about the short, mid and long-term impacts of our "new normal". A question I keep thinking about is what will be the new trends that will emerge as...
I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
So your tenant is 5 days late or whatever and you are a business not a charity, time to crank up the only remedy in your arsenal, it's off to the courthouse to file eviction.Evictions - I've had a few - they both took...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...