Our tenants signed an 18 month lease. One year into that lease (12/11/15) they gave 30 day notice that they would be breaking their lease in order to buy a home. They acknowledged the lease buyout fee of 1 1/2 monthly...
Hey... We are looking for some wisdom here as this technically our first land sales contract using our lawyer to draw up the paperwork.The buyer has a 5 year old daughter that is very cute and we love her to death (ou...
I am getting ready to have all of my tenants sign a new lease, as the old one is up and they are now technically month-to-month. I just saw that Maine requires a 45-day notice before a rent increase can go into effect...
Hi guys,
I'm about to rent a house to a couple, a guy AND a cat. Well, we verbally agreed to an amount and again, since I was going sooo fast since I had eliminated the initial person I picked and was trying ...
Hi everyone! Total noob here. I’ve always been interested in real estate investing, specifically short-term rentals. Finally pulled the trigger this past summer and bought my first SFH for STR. It’s a turn-key house i...
I am under the impression that if one has a property under contract and one has not as yet closed on it - which means that you do not as yet own it - is it true that one cannot advertise that property, i.e. advertisi...
I have a cousin from states who's interested to invest with me in Canada, he would like to bring in the cash and I will take care of rest, so I'm trying structure the partnership right so both of us can befit from it...
Hi all,
We have been locked up in a short sale for a 2 family house for a few months. Everything finally seemed to have gone through but now the tenants say they can' move out on the closing date because the apartmen...
Hi BP! After purchasing a property it's my understanding standard homeowner insurance is not sufficient to cover a landlord in terms of liability. In the interest of qualifying for residential financing it seems an ...
Hi there, I am sure this is old hat to many of you. Would love to understand important points in setting up an LLC in Philly. My goal is purely to protect my personal assets from lawsuits that may occur with rental pr...