Robert Berth
Tenants left after 1st month, what do I do with the deposit?
We are in Jacksonville, FL. We rented a property to a couple, after the first month they split up. The guy left and the lady stayed for a month while she searched for a new place. She told us that she needed to move o...
Jack Taylor
Earnest Money / Backout Question
I've got some earnest money down on a fixer upper, but I've realized there are more problems than were written down on the disclosures form. Is this grounds to back out of the deal and get the earnest money back?
Kristen L Garner
Renting Out My Parent's Home On Their Behalf
My parents own their home in Indiana free and clear but they are planning to move to Florida in the next 1-2 years and buy a second home for their retirement. I currently live in California but am building a SFH and M...
Brandon Lovellette
Landlord responsible for overdue tenant utility billsin indiana?
Hey everybody I am in a predicament here and I’m not sure what to do about it. Background: recently had to evict a tenant in Indiana for non payment of rent. I am in the process of getting the place fixed up and the u...
Chris Eaker
Partial Transfer of Security Deposit
My wife and I purchased a duplex last December. Both sides were being managed by a local property management company at the time, but they only held the security deposit for one side (Unit A). Unit B is a long term te...
Troy Durrette
Ever heard of Gifting Equity instead of cash? ?
Senerio:Property owned free and clear, want to sell for $65k (valued @$75k) to family member with limited to no cash for down pmt. So I contract for $50k, they submit contract and gift letter to lender. Is this possib...
Joel Brown
Consequences of moving into your rental after months/years
So, If I purchase a single family house (that I really like) and I rent it out for a few months (or years) then I move into it. How is that treated tax wise (IRS) and investment wise (I may put in an LLC). I obviously...
Todd Alvarez
To keep as personal residence or place in my LLC?
Hello all! New to the site and this is my first post/question. I have a full time job and plan to keep that for the next 5-7 years to generate my investment capital. Got divorced a few years ago and ended up buy...
Manuel Yepez
Need Help!
There's a home that's currently for sale in my town for $75,000. The owner is willing to do Owner Financing, but the home is listed through a real estate agent. How would I be able to contact the owner directly? I wou...
Sam Leon
Tenant is a couple PLUS a "temp roommate"
I think I know the answer but always good to check with everyone to make sure I got the bases covered.
Have an applicant to a single family home - 3/2 so they have three adults. Two male one female. The M/F...