Uri E.
Canceling a lease before tenant's move-in date
Tenant has been making small payments towards the total move-in costs. We are one day before move-in, and tenant is 40% short. Already questioning my judgment and wondering ... if the total move-in costs are not full...
Khang Le
How to sell your deal
You guys please, please help me out..........i feel so overly whelm....I have my first property under contract and now it almost expire and i'm having a hard time trying to find a buyer for it.....
I new at this whol...
Dani Zee
How to structure one separate entity for marketing different rentals (held in LLCs)?
Hi, I've searched everywhere for hours can can't seem to find a good answer to this question. If I have different rental properties, each owned by a different LLC, what's the best way to market and do business with m...
Arun Iyengar
For Syndication, what is the % ownership typically charged?
I get requests from friends to invest and manage their investment in a multi family building. My question is:1. What rate of rent do you charge as management fee for yourself, assuming you still contract with a 3rd pa...
Brad Crosby
How do I verify a tenant that is Self-Employed?
I am looking to fill my first rental! I have a potential tenant that has been self-employed for the past few years. She claims $4,000 monthly income. How would I verify that? Am I allowed to ask for tax returns, bank ...
Laurie Chimento
Credit score and misdemeanors
Trying to rent a unit out and still pretty new at this. I have as my baseline requirements a 600+ credit score, no evictions or criminal history. I have a couple who wants to rent and both of them have 550 as score an...
Dori Rutledge
Replace or Repair Furnace in Future Rental
Hello everyone! We are in the middle of our first rental purchase and the home inspection negotiation has begun. The sellers have offered to replace the furnace in three units and replace window panes OR repair the ...
John Chung
Tenant application with low credit score - how to reply
Hey all,
New landlord here. I recently got someone looking to rent my unit. Unfortunately, this individual has less than standard credit score (close to 500). Also has outstanding collections on some credit cards....
Timothy Busse
Zombie-slow-flip-duplex under contract . . . now what?
Due diligence during inspection period--what are we missing?We are under contract with our first duplex, that is currently tenant occupied but rotting away, which we intend to slow flip. https://www.realtor.com/reales...
Bill Gulley
PREDATORY SALES AND LENDING
I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...