Nad Oli
Helping my tenants sue their previous management company , suing the seller.
Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...
David Tiemann
Do I make a bathroom Handicapped Accessible for a current tenant?
I am looking for some input/ideas on a current situation. I have a tenant, married and retired couple, who have a grown daughter (aprox 30 yrs old) living with them. The daughter is in a wheel chair. They live in ...
Joe Mulcahy
Pets or no pets
Looking for opinions and policies for pets in your rental properties. We are trying to decide whether to allow it and what to charge them/policies in lease. Thanks for your advice. Sherry Mulcahy
Pancham G.
Property management company is asking to be on the Landlord insurance. Is this normal?
I am looking into hiring a property management company. One of the company is asking to be on the insurance policy. Is this normal?Also, if I fire them, they want a full rent commission until the lease end. Is this ex...
Cole Fleishour
Tenant refusing my entrance of property due to COVID
My current tenants are both medical doctors and refuse to let me inspect my property. They say I can't enter due to state and federal regulations and their professions. I think they could be using COVID as an cover to...
Account Closed
Wholesale Central Florida
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Faiz Kanash
Question about refinancing a HML into a traditional/DSCR loan...
Hello!Just a question to see if this is doable... Is it possible to refinance a hard money loan into a traditional/DSCR 30 year loan if I don't have that much equity in the property? Not a cash-out refinance, just a g...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Becca F.
Self-managing out-of-state vs. hiring property management company
I'm based in California and have 2 properties in the Indianapolis metro area. The first SFH I've been renting out since 2019. My personal name is on the lease (I don't have an LLC yet) and I'm technically "self-managi...
Zach Nelson
Tenant caused mold from leaving unit humid, who pays?
I have a tenant who lives in a walk-out basement unit in central IL. She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...