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New to the area of RE. So please bear with me. We live in California and our family friend is an Agent selling a home in California. The buyer is currently backing out of the deal due to the COVID019 Pandemic and the...
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We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
Hey guys, I closed on a townhouse on Friday, and the RE agent was supposed to be my property manager to deal with the inherited tenants. Long story short that isn't working out. So, I am on my own with this for now. ...
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How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
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Hi allHoping I can tap the great collective knowledge here once more...I own a few properties, all single family, all free and clear. I'm now starting to put leverage on them. Working through the application process o...
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I have a tenant that is refusing to pay the last two months of rent. She claims it was paid up front (it wasn’t). We’ve given a 3-day notice to pay or quit and she hasn’t paid, which means we can now start the evictio...
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Hey all -
I'm trying to find a data point and was hoping you might be able to help me with the research. I'm curious as to finding out the percentage of evictions that come with a financial judgement vs. the percent...
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Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
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A friend of mine sold a property in Memphis a few months back offering seller financing. The buyer never placed him on the insurance policy as "mortgagee". He has tried to get the buyer to do so, to no avail. All s...
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My tenant has at least 4 extra people in the property that are not on the lease, that totals 9, she just signed her lease this month.