Mike Griffith
Early Termination Fee?
I have tenants terminating their leases early due to COVID-19 and inability to pay. I have early termination fees in place, however I am not sure if I should enforce them right now. I am curious what other landlords...
Beau Pearson
How would you write this lease up?
I have a good tenant whom I just collected the Depot to Hold money. Property is available ASAP. They would like to sign the lease and handover keys on the 26th of March 2023. So the lease start date would be the 26th....
Jennifer Wong
1-year lease or month to month?
Bought my first property: end unit condo class A and looking for first tenant. My cousin who has 3 rental properties manages his own units and has all rental agreements on month to month and has all long-term tenants...
Iris Luo
HELP: Property management company incurred maintenance costs without my approval. (Bakersfield, CA)
I am currently in a tricky situation with one of my investment properties in bakersfield, CA. The previous tenant moved out, and my property manager sent me a list of items that the tenant is disputing (i.e. they want...
Chad Slagle
Well Water vs City Water and Water Softener Question
I currently have my first property under contract and it uses well water. I was wondering, what are some of the pros and cons of using well water vs using city water? Are there a lot of costs associated with keeping t...
Jan Paikin
Q’s about a 3-unit Seller Finance deal, owner to stay in their unit for 5 yrs
Hi, I meant to keep this first inquiry post Simple so I’m sorry if it should be broken up into multiple posts!!
We have a Seller who is interested in a Seller Financed deal (as the subject noted).
3-unit, elderly ma...
William Ephraim
How to handle a bad investment
I'm looking for advice or at least encouragement. Here is the deal.Back in March 2008, I was very eager to purchase a home. I went ahead with a deal to buy a house at a premium price with the intention that later on d...
Eric H.
Approach to Old felonies not disclosed in prescreening?
Newer landlord and first time turning a unit. Tenant said he had no felonies when I screened over the phone. I ran him through Rentprep and turns out he has a felony for "DELIVERY/MANUFACTURE MARIJUANA" from 1998 whe...
Frank Linares
Need info on doing a 1031 Exchange
I live in Simi Valley, CA and have a house in Lake Havasu City, AZ that I just listed to sell. I want to make sure when I sell it I can do a 1031 Exchange. What is the best way to do this and do I need to hire an at...
Liz C.
Does make any difference as investor where you live? Tax purpose
Hi all,
I have choice of move to Las Vegas or New York or California.
I own two LLC , for tax purposes which is the best state to live? I know califronia will charge a lot fee for owning LLC.
Why about Las Vegas or...