Hello Biggerpockets. I'm actually writing this post for a friend. She has a basement rental and drew up an agreement for the rental. She has a holding deposit and contract states that if property is taken off the mark...
Hi
I am doing due diligence on a property and I see that the owner is showing only about 1/3rd of the annual rents that he is claiming that he is making. he is also managing the property himself. Have you had similar...
I have a SFR I rent out in Los Angeles, CA. The lease is from May 2015-May 2018.On the lease are wife, husband, and co-signer (friend of husband). The lease is setup so that each can be held individually responsible...
Property is in California.Tenant A was living in the 2bed/2bath apartment first. Tenant B was added to the lease under the condition that if either tenant wanted to be removed, they would first be required to find a r...
So I had a qualified tenant apply, I used Smartmove to verify him. He has good income, no evictions, quiet and a non-smoker (he also didn’t smell like smoke and also didn’t smell like an overload of cologne in hopes o...
We are in contract to buy a property. Close of escrow is next Monday (Aug 17th), but the bank is ready to fund anytime we want to sign. We weren't planning signing until the property was vacant; but now the seller wan...
Dear All, I would like your input on dealing with late rent payments and pet fees/deposit. Here is our county law about late rent payment: "While the Montgomery County Code prohibits the landlord from charging a late ...
One of my current tenant is behind on rent. They were injured on the job and have a pending worker's compensation claim. But they have not paid previous months in full and nothing for current month. I have doubts that...
Hi All,
I'm newbie here not sure if this is the right board to ask this question.
I planned to do the rehab business(buy from truestee sale) for a while, but just short of cash, recently I'm lucky enough convinced a...
Hi seasoned landlords! I have a question for you guys - my tenant told me yesterday that even though the lease doesn't expire until the last day of April, he's signed a new lease somewhere else and is moving out by Ma...