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I just bought a 12 unit complex in Studio City, the previous landlords were not keeping up the property. When I took over I was bombarded with maintenance requests, which I told them "Okay, I will put this is in, and ...
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House has termites and electrical problems. Seller doesn't have money to rectify both problems. Seller agrees to repay me. An addendum is signed by both parties. Underwriter has this addendum which states, at closing,...
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I am a newbie got my license mid 3rd quarter 2014. I am curious, can a licensed agent put a contract on a property subject to without going through his brokerage? I am just wondering what the real estate agent can l...
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I hope that I have picked the right forum, if not, please direct me to the right place. I am a buy and hold investor and I have a property that has a high mortgage and is not cashflowing for the owner. I think that I ...
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I have an applicant that only meets my 3X rent income requirement when she adds in her child support payment. And meets it only by $50. Do you allow people to use child support as "income"?Her smart move report came b...
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My partner and I have a 64 unit under contract in Southwest Missouri. Rents are WAY under market. So far it looks like there’s a shortage of clean rentals in the area. There’s also a shortage of section 8 rentals. The...
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We have several real estate related bills on the table here in Virginia for the 2020 legislative session. One bill, HB152 proposes to allow for up-zoning of areas traditionally zoned for SFR only. He goes on to descri...
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My new rental has (brand new) carpet in the two bedrooms, and tile in the rest of the house. This is the first rental I've had with carpet and I'm not sure if I should allow cats or dogs. I was thinking of allowing on...
I've been scouring the internet and the zoning, etc., and can't seem to find the answer - is it possible to get a permit to convert an existing garage into another bedroom or separate rental unit in Des Moines? Thank...
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Should I allow pets in a rental? Does this limit my rental pool? What are your thoughts?Being in the property management business I receive many questions regarding pets. It's about a 50/50 mix. 50 percent would l...