Oren K.
EM and Reps & Warranties: Do they survive?
So I just had a deal fall apart over Ernest Money (EM) and Reps and Warranties (R&W).
As a Canadian looking to invest for the first time in the US, I can't help but wonder if the standard practices are that diffe...
John Hickey
Selling a property and Holding a mortgage any tips?
I’m selling a property that I own and the buyer has asked if I will hold a mortgage on it. First I’m new to this so i was wondering if there are any dos or donts I shld be looking for. Second. Does anyone have a do...
Kristen Ray
Developing the lease agreement
Hello BP!
We are new to REI. We are wondering how you develop your lease? Is there a template you use? Does your lawyer develop the lease?
Please share
Alex Malone
Unrealistic contract
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...
Derek Daun
Tenant demanding I bring in pest control for ants
I have a tenant in a ground floor aparment with a minor ant issue. I plan on getting it resolved as soon as I can, but I'm looking for insight into whether the best course of action would be to call in an exterminator...
Chris Kajioka
W-2 "contractor" looking to get first mortgage
Hi All,My mentor recommended I ask for some help here for my unique situation. My wife and I are looking to buy our first home (single family home), both our credit scores are 750+ and our combined income is over 130...
Phil B.
Tenant wishes to terminate lease.
I apologize if this question has been answered but I was unable to locate a response on point.Issue:Our tenant wishes to terminate our 12 month lease agreement at month five; although our lease clearly states that the...
Deano Vulcano
Management Company Question
I was recently in discussions with a management company in Charlotte for my 11 unit apartment complex in Gastonia. She insisted that in order for me to sign a property management agreement with them, I would have to a...
Christopher Kolasa
Snow plowing and landscape tenant contract, duplex in Connecticut
First big snow storm in Connecticut came and went, I have a duplex in Middletown with a common driveway with my neighbor and a back parking lot. Normally a pretty quick job since the common driveway gets plowed by nei...
Sumit Sehgal
Rental insurance fine print
Good morning, shopping for insurance for a rental property (in this case, long term buy and hold strategy on 3 bed 2 bath), what sort of things I should be expecting from a good insurance company?What are some pitfall...