Christopher Lombardi
Breaking lease and subletting
What would you do in this situation? I have a tenant who quietly moved out and moved across country and got a bad credit tenant to sublet in direct violation of his lease agreement. Now I have a guy living in the hou...
Jason Piccirillo
Funding for Flipping
Has anyone has any experience with Funding for Flipping? It keeps coming up on my Facebook news feed. I put my info in to met more detail, and have a phone call scheduled tomorrow.
Steve Q.
Damages Exceeding Security Deposit - Letter
Hello,Long story short: Tenants didn't pay last month's rent and damaged carpeting with smoking (prohibited in lease) and other stains, left significant junk to be cleaned out and some other damages. Prorating the n...
Shepard Solomon
Proper to change tenants for property damages
Hello,
I just wanted to know the proper laws in Kansas City to charge tenants for property damages after eviction. As we know as investors the security deposit does not cover all damages. What is the best way to char...
Nancy Casse
Title company and closing Attorney overlook HUD payment at close
Here's a doosie...September 2015 my friend sold her home (her first and only experience in selling property). Her closing attorney and the Title company showed a title commitment letter which included her HUD mod bal...
Tyreek King-El
HELP! Nasty eviction and Tenants Identity Never Existed.
Team,Recently wrapped up an eviction with the help of my property manager. Tenant paid for two years, and then stopped. Boyfriend (who wasn't on the lease, was arrested on site by the SWAT) I assume, paid most of the ...
Cody L.
Odd accounting question - How to classify security deposit bonds
We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit. Say you want to move in for as little as possible. Rent is $700/month. Since your credit sucks and you were evicted 16 m...
Carrie Giordano
Will HUD make repairs or walk on deal?
I have a pending deal with hud on a sfh. My inspector went to do the inspection today but the house was never dewinterize and when he went to turn the water on it started gushing out from the wall between the utility ...
Harsh Singh
Tenant in default in Texas
Hello,So this has never happened to me before. My tenant defaulted on the rent and vacated the property. He stated that he has left the key in the home but I am unaware of the condition that he left it in at this poin...
Kaushik R.
Home equity and landlord insurance
The rental (SF) is paid off i.e. I do not have any lien or mortgage on it and there's a tenant.1. I am currently carrying hazard insurance. I can buy landlord insurance without coverage on roof (wind/named storm peril...