Jeff T.
Beachfront condo renter wants to extend lease a few months (into winter!)
I am a partner in a beachfront rental condo that I rent to a full-time tenant. He's been great, very professional, but he plans to move out in the next few months, but that means I will have to rent the unit in the f...
Allison Karrels
How do I formalize this private loan
I have an offer from a friend of my father to loan me $25,000 at 5% over 5 years. The money will be used as a down payment on a duplex I am looking to purchase. I am financing the remaining 75% with a traditional mo...
Elizabeth A Johnson
Tennant shared space issues
I live on the first floor apartment with my three children just the four of us. We have had several tenants move in and out upstairs and have had a wide range of issues. Nothing like this! There was a couple up stairs...
Cam Harris
Came up with a JV idea to bring to seller. Would love feedback
The numbers:3 BR/1.5 BA SFH in good neighborhood with an in-ground poolSale price: $80KEstimates renovation costs: $35KARV: $175K to $185KEssentially the owner is an older gentlemen who was working on getting the prop...
Javier Gaillard
Detroit for an OOC Investor
After many months, or perhaps years, of analyzing and doing research I decided to invest in the Detroit area (metro and suburbs). Since I am an out of the country investor, common sense advised to get turn key propert...
Saravanan Varadan
Buying rental property under LLC
One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...
Dave Grosse
Being my own agent
Is anyone their own agent on short sales? I obviously can see how this COULD be a conflict of interest, but I'm thinking of becoming an agent when I move to Portland. Seems like it shouldn't be a problem but I'm pro...
Jimmy S.
Re renting a unit costs?
What is a fair cost to re-rent a unit after a tenant moved out. What can I include in re renting the unit? My time for showings, gas money, advertising time on craigslist, lease preparation?Tenant moved out 8 months i...
Mikhail Petrenko
Tenant`s belongings after eviction / Santa Rosa, CA
Hi everyone!I evicted non-paying tenants in March right before COVID.I moved their belongings (obvious crap, like 20 yo sofa or non-flat screen TVs) to the local storage (spent over $1200 to do that and notified forme...
Gina Nicolas
Are sex offenders a protective class
Good evening all,
I have a 2 units property that is managed by a property management company. I have received a text from my 1st unit tenant that a sex offender is living in the 2nd unit. First floor tenant is panic...