Quinton Kocher
Renter Broke Lease still wants deposit returned
I have a good tenant breaking his lease 4 months early on 5 days notice. He has cleaned up the apartment well and he believes he is entitled to his deposit. Is he right? Property is in NC. No backfill identified a...
Account Closed
LLC - Equity Deal Structure
I'm going to form an LLC soon in Georgia and I want to focus on offering equity to investors in lieu of (OK...occasionally in conjunction with) private lenders. I want to structure the deals so that the investor recei...
Holly Barrett
Credit Security Deposit?
So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
Robert Clement
Received Rent Payment right after filing eviction
So after some back and forward trying to get part of Oct and November rents, we decided to evict them on Friday, and just after we filed the eviction we received the rent, but we still have not received late fees ($10...
Alexei Semenov
Wealthy guy doesn’t want to pay rent…Eviction?
Hi everybody ! I’m a new RE investor and would appreciate any thoughts or ideas what to do…!I have a Wealthy tenant…(I mean really Wealthy and he is a big RE investor-he knows the game)He rented my house for a year, e...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Lauren K.
Tenants abusing and breaking property
My tenants have been in the property for two months and have caused problems since day one. Every week they are breaking something or complaining about something, I want to tell them to leave and even give them their ...
Vicki K.
Did I make a mistake?
Hi everyone and Happy New Year to you all! I wish you all great business success, prosperity and few headaches.Speaking of headaches, let me share with you my current debacle in hopes of getting some reassurance that ...
James W.
tenant broke lease - security deposit?... no keys returned...
I recently purchased a duplex that was rented on both sides.One of the tenants had a year lease expiring end of September. They "informed" the previous owners that they were moving out by end of July because they boug...
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Lease Option agreement fell apart
Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...