Ken R.
Legal requirement in Colorado for days notice before raising rent
We own a number of rental properties in Boulder County, Colorado. All of our leases are for one year. Currently, 60 days before a tenant's lease term expires we decide if we would like to extend an offer to the tenant...
Curt Davis
Does Your Broker Require You To Cover Their Legal Expenses
This is for any Brokers or Realtors out there. If your a Realtor, does your broker require you to cover them in the event you are sued by a buyer or seller for whatever reason and your E&O will not cover you or y...
Ramon Moreno
what legal docs should be required when lending private money
I was asked if i would like to be a private lender on a flip and im considering jumping in on the deal. Im just wondering what legal docs i should require.
Gary B.
Septic tank inspection report - whoever responsibility in MF
Hi Fellow investors,I understand in single family homes (in California) it is legally required by seller to deliver septic tank empty. Are you aware of any such laws in septic tank for multi-family property in Califor...
Jason Morris
Opening Business Account
Hello ladies and gentlemen. I'm in the process of starting my property management business, but I'm getting a little confused on how to set up my business bank account. I filed my LLC in Pennsylvania. I also set up a ...
Daniel Green
Murder/Suicide Flip- What should I say?
So I'm looking at a house in Bergen tomorrow in which the broker said there was a "murder/suicide" It's actually not in a terrible area but clearly unfortunately circumstances. The broker said he is legally required...
Susan M. Mendrysa
Do I need to honor property manager contract?
I have a duplex under contract that is currently rented. I just learned that the owner has a property manager for the duplex. I know I am legally required to honor the existing tenant leases, but what is my responsi...
Rachel H.
Childproofing Windows - What is Required?
Hi Folks! I have a tenant who is requesting to childproof the crank windows in the home she's renting from me by installing a product that has to screw into the casing. This would permanently damage the window, and so...
John Schmiesing
Tenants w/o SSNs...legitimate?
Hi all,
This is my first post, I am a long-time reader of the site; quite impressed!
I am relatively new to the REI landscape also; we just bought an additional property, and our first we have owned for almost a yea...
Account Closed
Legal to Require Monthly Income 4X the Rent & Continuous Income?
would it be legal to require applicants make at least 4X the rent monthly to be considered?ie rent is 1000 so must document that income is at least 4000 every month?also how could it be made legal, if possible somehow...