I purchased a condo in August, 2019, which was occupied by a tenant. After the Closing the leasing agreement got forwarded to me and I became the new landlord. Tenant struggled to pay rent on time but still paid rent ...
Just curious, do you expect the tenants to clean prior to vacating the property at the end of their lease? And if they don’t, do you charge then a cleaning fee? Obviously if this is expected, it needs to be in the s...
Hi guys - What happens if the foreclosed owner tried to redeem the property that I have bought from the lender?The property is no longer with the lender - so does he take it back from me?Does the owner pay the lender,...
I'm purchasing my first property and am having a difficult time deciding how to craft the rental agreements for the inherited tenants. I am fortunate to have found a four unit in Milwaukee with three units occupied by...
I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...
Hello,
I'm a new real estate investor and I’m trying to educate myself on Land Trust. I ordered a few books that explained Land Trusts & Land Trust Agreements but I can find any information on the Warranty Dee...
Hello all,A colleague mentioned purchasing raw land with the intention of getting plans for commercial buildings. He would get the architectural plans drawn up and get permits from the city and then sell the land with...
What are your steps to vetting a new contractor?
E.g - getting copies of the insurance and license?
Anything else?
I recently read a lease with that included this clause: "If any appliance cease to function, we may or may not repair or replace the appliance at our discretion."
Do you have this clause on your lease AND is it allow...
Long story very VERY short-My husband and I are interested in purchasing a property for renovation. There is one current tenant who doesn't want to move. He is not rent controlled, is a sibling of the owner selling t...