Devon Locust
Tenant occupied properties
Hi all, I just recently got an offer accepted on a duplex in Michigan. The property is 100% tenant occupied and I have reviewed the current lease agreements and payment history of both tenants. Are there any potentia...
Aaron Mazzrillo
New CA smoke detector laws
The Fed might be shut down, but the local beaurocrats keep coming up with new laws:
As of January 1, 2014, owners are required to ensure that all residential rental units have operable smoke alarms installed...
Sterling White
IRS Lien Far Out Values the Property, Options?
Context: I have a potential seller that would like to off load a vacant lot (I already have a buyer). The problem is, there is an IRS lien on the property in the amount of $76k. Lots in this particular part of town go...
Steve A.
buyer changing names on purchase agreement
In Washington state a buyer made a written offer on property and wants seller financing. After we accepted the offer the buyer refused to have credit, bank or employment checked (red flags). Now buyer is offering to ...
Janice Chang
Would you rent to someone with a housing voucher?
I am in the process of renting out my property and screening tenants. So far the applicants that are coming in are unemployed but have housing vouchers that can cover 100% of the rent. I am new to housing vouchers so ...
Account Closed
Closing date extension
My husband and I put an offer in on a home and it was accepted. Our closing date was 10/31 contingent upon selling our current home. Our house hadn’t sold, so we secured financing NOT contingent on selling our home. W...
Tracy Uscinski
Paperwork to keep on file when raising rent
We are about to raise the rent on our rental unit. The tenants one-year lease expired in 2021 and they have been on a month-to-month lease ever since. We are sending a letter notifying them of the rent increase. What...
Seth Glause
Just a question
hello everyone,So I put an offer in on a potential buy and hold property here in my hometown about 2 and a half weeks ago. So the seller is dragging their feet and blaming the mortgage insurer for the delay in getting...
Dani C.
Judgement Against Landlord - Permissible Purpose?
Hello everyone! I am more than a little lost, so I am hoping some of the kind people here can throw some advise my way. I apologize if this is in the wrong forum.TLDR; Do I have permissible purpose to pull a credit re...
Patrick Aime
Leasehold property in Hawaii
Hi guys,I am new to this forum, and wanted to see if anyone ever bought a leasehold property in Hawaii?Any success story?What should i watch out for?Thank you!Patrick