Jason Koehl
Paid 2K commission to realtor for tenant stayed less than 3 month
My friend who is an agent listed my MI home for rent on the MLS. Another agent brought me a tenant and their tenant signed a lease. This tenant lasted less than 3 months and then eventually moved out after giving an...
Kathy Villagomez
Ohio Lease and rental insurance
Hi,I have a SFH in Castalia, Ohio that we want to rent. I was wondering what the standard expectation for rental insurance amount should be. Here's the language in the lease: Landlord, in its sole discretion and for ...
Helen Lee
Commercial lease: how to serve the 5 day notice in IL
Unbelievalbe that I have to evict a tenant with good credit. She rented our storefront for storage. Last year, everything is ok. But ever since this Feb, she did not pay the rent. She said she was ill and in hospital....
Account Closed
Texas agents I need some input
My agent has put a contract together for me to sign so that we can submit to the listing agent who is also the owner of the subject property in which I plan on purchasing. He sent me the contract to sign but he also s...
Zack Kolb
Signing first lease tomorrow, couple of questions.
Hello everyone,
I will be signing my first lease tomorrow, many thanks to the BP community. I have a couple questions for you guys.
I am going to pro-rate the days Dec. 24-31. What do I put for the term...
John Boby
Making a Tenant Responsible for Repair Costs in California
To lease out a residential units in California I usually see the real state agents use month to month rental agreement (C.A.R. form revised 12/15). Is this the best form to protect landlord for repairs? Is it OK to ...
Zachary Webster
Letter of Intent Content
Hi all,We are in negotiations on a commercial property and I have concerns about the following two sections we had written into our letter of intent:- Certificate of Occupancy: Shall be applied for by Purchaser with t...
Lee Yoder
Evicting Previous Tenants Upon Purchase
I am considering buying a duplex at the county auction in a few weeks. I went by the property today and talked to the landlord of the neighboring property. He told me that one unit is vacant and the other is occupied ...
Jeff Piscioniere
Flipping in a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...
Michael G.
Commercial Lease Renewal Option - Commissions - who pays?
We have an office building with a great long term tenant, that is in a below market rates, and we're good with it because they are stable and NNN. Their lease is up for renewal, and contains one Option to renew, whic...