We signed a lease for a new tenant on the second floor of a three family. The new tenant likes to burn sage incense. The third floor has asthma and claims that the sage is triggering her asthma and can’t sleep. Third ...
I have read in many different books/articles the Pro's of assigning real estate purchase agreements. It seems like a simple enough strategy for people to get started in real estate who may not have enough money for a...
Does anyone have any experience or insight on purchasing an LLC that holds property, as apposed to just purchasing the property in the LLC? Any benefits or drawbacks?I am looking at a couple opportunities; one that h...
Quick question, If I have a home that I lived in for two years and then moved to another home (while leaving the first as a rental), have I lost the chance to sell the first home without capital gains tax since it's n...
Hi BP friends!We are in the process of acquiring a 12-unit apartment complex (3 quads) in Wisconsin with an April 15 closing. Today we were notified that the current owner is serving a 5-day notice to Pay or Quit on o...
I have a tenant (now ex-tenant) who didnt pay rent and broke his lease. My lawyers suggest i contact a collection agency.
does anyone have a collection agency they can recommend? my main goal is to have it show up on...
My apologies if this post isn't the clearest. I'm really frustrated right now. I found what looked like it had high potential to be my first deal on the MLS yesterday.Long story short, my realtor claimed that she coul...
Not here to evaluate the deal, but to evaluate a stipulation that the seller has.The numbers of the deal works out to $100 per door on a duplex using seller financing on a free and clear property.However, during the n...
Hi experts...I'm looking at a 3 unit in Chicago with a tenant that, according to the seller, refuses to leave. I looked and can see the tenant has a long history in small claims court and at least one other eviction....
Hello:I've just closed on my first IP (4-unit) in New Hampshire. I need to do some renovations/updating that requires vacating all the units, and I'm wondering what a fair amount of notice would be to prevent the cur...