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Hi all,
I'm considering a new tenant for a 1 year lease who has some "unpaid bills" and accordingly a poor credit score.
I am requesting a significant extra deposit ( almost 2 months ) in additional to standard 1st a...
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Would like some feedback from lenders for a tough situation here in California.Background: 1) Flipper borrowed $ from HML (1st position)2) We provided gap funding (2nd position), terms are to be paid upon sale3) Flipp...
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So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
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According to https://leginfo.legislature.ca.gov/faces/codes_dis... :"No later than 21 calendar days after the tenant has vacated the premises, but not earlier than the time that either the landlord or the tenant provi...
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Happy 4th fellow REI's.... Hopefully we all can take a little break from our busy schedules to enjoy our friends and family today!
I will be attending my first real estate auction on Tuesday and need some advice fr...
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Thanks to all the donations, BP nearly doubled the total donations received with this giveaway for this year.
Method used, was to assign a # of 1-50 for each $25 donation. The #'s were all mixed up by Josh and t...
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I am purchasing a property that is about to close mid to late-November. I will need a couple of weeks to get it rent ready, so it should be good to go by mid-December. I doubt anyone is moving in around Christmas, so ...
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I am looking at a sub2 deal with the following details:1) Motivated seller that understands sub2 deals2) 1st mortgage with rate of 2.75% 30 year ARM (loan is current)3) 2nd mortgage (originally a HELOC) has been in de...
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So I will try to keep this short.I am buying a duplex, planning to live in one end and rent out the other. The tenants that are currently in the other unit have been there for 10+ years, have taken great care of the p...
I just took over my first rental property, a 4-unit that was previously managed by a property management company where the tenants sent in their payments by mail or dropped it in their office drop box. I am having a h...