I'm taking over a 5 Unit apartment building on a Master Lease Option, and I have some questions regarding the current lease, and some things the current owner has done.1. The current owner currently collects rent by g...
I am not sure on the specifics regarding the costs associated with tenants abandoning personal property.
Since we have 30 days to refund the security deposit, and if the tenant does not or refuses to claim any abando...
I just used a self directed IRA to purchase a house. I had to create an LLC and the money was deposited to the LLC bank account. Now the IRA company tells me that further payments for repairs need to be made directly ...
I'm putting this question out into the forum, because I know someone, somewhere will help me reign my brain in from being paralyzed with indecision. I'm going to list out my facts and questions below. Thank you in adv...
Hi,
I have signed my lease and unfortunately I need to travel immediately and wouldn't be back before Jan.
I asked my landlord if I can start my lease after and she said she'd find someone else.
She asked me to...
Hi guys, new member here! While learning about owning rentals, we found this site to be immensely helpful. How do a lot of you set up your rent collection process? We don't have an office, we have 18 properties (jus...
Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
Apparently, if you already have the cards they will still work, but you can't order any new ones. Just venting here because I built a plan for my new out-of-state property around this system and now I have to scram...
Recently looked at an occupied 3 unit building that was scheduled for foreclosure. Presumably, the tenants has posted security deposits for their units. And presumably, if I had purchased at auction, I would then own ...
Ok so after a few months of collecting cash payments i've grown weary of chasing down the tenants of my duplex for their monthly payments. To that end i've recently opened a bank account that i was going to use to hav...