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This is kind of a follow up to a previous post regarding this property. 20 unit property...twelve 2/1’s and eight 1/1’s. Property is currently owned by my family’s estate and we have it under contract to purchase for ...
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I have read a few highly rated books on midterm rentals with chapters covering the lease. However, I have not found a site to download a lease that is state specific for just this purpose. I assume it would need to ...
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I have examined many leases and I have never seen an expressed complete clause whereby the tenant damages the property and the landlord receives compensation immediately. I do not want to wait till they vacate and ha...
We've owned the property about 6 months and have fixed a lot. Now it is time to fix the fence. The wood is ugly from weathering, it is literally falling down; a whole section of it loses attachment at either end, it h...
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Easily the worst house I've ever been in.... I could only stand inside literally 5 seconds before running out. I couldnt get true before pics because I couldnt handle being inside, throat burned, eyes puffed up and tu...
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One of the things that has held me back from investing in real estate is the idea of being a landlord. I see and know many investors with multiple properties and the same question comes to my mind every time: "How do...
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Add this to the stories of nightmare tenants...My tenant was late on rent payments month after month. She ends up writing two bad checks in July, and not paying at all in August, then blocking my phone number. I evi...
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Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
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I recently had a property under contract that had tenants in place. They were there during our initial tour and again during our inspection/due diligence phase. 2 days before closing the seller mentions that it appear...
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I have received a letter from EDCO Disposal Corporation stating that my tenant is past due on several payments, and that if the amount is not paid in the next 30 days ( by the time I got the letter it would be only...