Pinkal Shah
Zelle Pay and Partial Rent late
So here's the story. New tenant moves in last fall. I get first month rent on time and in full. Then next month, I get request to pay partial rent (75%) before grace period and rest if they can pay later. Medical bil...
Maverick Priest
My tenant has someone else living with them now
My existing tenant has a roommate now, what paper work should I have the roommate fill out. Due to my tenant being excellent I've decided I don't need to run a background check or credit check on the new person since ...
Tonya Rasmussen
Lifetime estate gift tax exemption??
Aloha I have a complicated real estate, inheritance and tax issue I’m trying to solve.My current approach is to get info on how often you can disperse $ your children under the lifetime estate exemption of 11ish milli...
Brandon Neiss
Strategies for stringent tenant screening - min credit score ?
I have a duplex with a high-end two bedroom unit and while it is priced accordingly I want to be very selective on my potential tenant pool. Has anyone ever listed a minimum credit score on their rental application an...
Casey Valbuena
Fix and flip partnership
Hi everyone,I've been reading the book "Real Estate Rookie" by Ashley Kehr, this one chapter about Partnerships states that the things you can "bring to the table" are Equity, Sweat Equity, Debt, and Capital.Equity: y...
Jonathan Blum
Owner contract terms - right to assign?
Hey all-I'm working on my second owner contract deal for a fourplex (first one was for a sixplex last year). The seller is suggesting a 30 year amortization with 20 year payoff with significant prepayment penalty for...
Tom R.
Just got my first applicant through turbo tenant
I'm trying to rent out my first investment property and I decided to go with turbo tenant to advertise and screen my tenants because it sounded easy. I had heard that they also do rent collections but it turns out the...
Bryce Davis
Surviving Liens After Tax Sale
I was under the impression that if you buy a property at a tax sale the only liens that survive are the government liens. These would be IRS, Dept of Revenue, etc.. All mortgages, HOA, 2nd lien holders, would be wiped...
Colton W.
Approving a Tenant with a Bankruptcy because of Divorce
Hello, I have an applicant that recently filed for bankruptcy due to a divorce. Is it wise to rent to a tenant like this? They are a former police officer and a manager for a local Security Firm, so that seems comfort...
Chris Jones
I should become a landlord? Opportunity or pitfalls?
I downsized for financial reasons, and have been speaking with potential renters. I'm posting to get advice to make sure it's a good decision. The alternative is to spend more time/money into trying to sell the house,...