Sean Dezoysa
Using a service as consideration (instead of cash)
John Schaub says that considerations don't have to be in the form of cash; they can be a service. He says if you're optioning a property, you may want to make your consideration an "initial house cleaning" or some oth...
Amy A.
EDR Collateral Screen problem with loan
I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
Joe Trevor
Buying Commercial Property on an EPA Superfund Site?
Hello,
I own a company in Denver and am seriously looking at purchasing a particular office/warehouse in town. The issue that has come up is that the unit sits on an EPA Superfund site, which they say has bee...
Precious Thompson
How to get a squatter out before buying a property
I found a duplex I am considering getting pre approve for but found out their is squatters in the units. What should I do next?
Masa Asao
Toilet replacement or just mold?
I have a renter asking me to replace their toilet because the toilet's inside rim has "black" stuff that they can't get rid of. Even if they get some of it off, it returns in 2-3 days.
We're in the northwest where it...
Stephen Lyons
Self Storage Upgrading/modernizing
My dad has a self storage facility with:
1) 15,000 sq/ft warehouse (no environment control)
2) 2,000 sq/ft office with 2 bathrooms and 4 rooms 3) 16,000 sq/ft drive up self storage4) about 40 parking spaces
All o...
Christine Swaidan
Charging for Cleaning AND Replacing Carpet?
I have just replaced carpet and pad in bedrooms of a SFR that had pet damage. Before replacing it I had it cleaned professionally but odor remained. Carpet is two years old and tenants lived in house for 14 months. I...
Prateek Bansal
Security Deposit Refund dispute - Tenant running a dog Kennel
Hi, My tenant moved out a few weeks back and recently I found out from the neighbors and online posting that they were running a dog kennel at my place. My rental agreement mentioned they were allowed to have only 1 ...
Michelle Zarlengo
Lease property to AirBnB professional?
I have a rental property in a suburb of Houston and I have been approached to lease my house to an investor with a lot AirBnB experience. They will use the property for their AirBnB business. They have excellent revie...
Tim Blanchard
Mixed use hold
Looks like our next deal is happening!We’re buying this unique piece of property that was at one time a popular retail location that sold marine/fishing gear. It’s got a great foundation as well as a house on the othe...