So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...
Hi.We are switching property management companies in CA for our 4 plex and one of the terms on the new manager's agreement is as follows: Indemnify, defend and hold harmless Property Manager, and all persons in Proper...
Hi everyone, I'm a new to this and I have a single family rental home. It's built in 1950s and a lot of the things in it are not up to current code, for example, windows in the living room and a huge piece of glass, u...
When doing a lease option deal, does the homeowner of the house maintain liability on the property for any damages and repairs? My partner and I are currently working on a deal where the homeowner is worried about the...
I am working with a new PM company out of state and below is the verbiage in their contract. Want to make sure this is standard. Liability of Property Manager: Property Manager shall indemnify, defend and hold harmles...
Hi! We are in the process of buying a flip house that has a tenant. Unfortunately the house is in terrible shape and will be a complete gut job so we don’t feel comfortable letting the tenant stay due to liability iss...
I have a row house in Baltimore built in 1920. The home has a shared porch with the neighbor. The porch on my side appears to be sinking and needs to either be repaired or replaced. The porch on the neighbor's side ap...
This is my first rental. I dot my I's and cross my T's, as I encounter many things for the first time. This topic is one I cannot find information on, but feel it is important to do right in order to protect myself....
This is my first rental. I dot my I's and cross my T's, as I encounter many things for the first time. This topic is one I cannot find information on, but feel it is important to do right in order to protect myself....
Hey BP,In your opinion and from past experiences what is the best way to set up a partnerships and agreements to buy rental properties SFR and Apartments with others? Looking to do a bunch over the next few months and...