Zaid Badabwan
Tenanted multifamily without leases
I am buying a tenanted multifamily and some tenants are without leases. Does that cause any problems to me? and what if they refuse to sign leases? Please advise.
Karl McGarvey
Funding Your Investment
Morning!We are a few weeks away from closing on our first property. My “plan” is to open a separate checking account for all things that involve this property which will be tied to Waveapps for accounting tracking. Th...
John Perez
Can someone explain this to me?
My tenant application form says "Anticipated move date ___________ at a monthly rent of $________ and security deposit of $_________."So, my question is.. what am I supposed to type on the anticipated move date?
Jake Sablosky
Seller did not transfer "last month rent" on sale
Hey there BP,So unfortunately I did not do my due diligence correctly during the purchase of a property in October 2019. The seller's lease states that she collected first and last month's rent, AND a security deposit...
Dana W.
Screening-Legitimate Tax Form Help
Hello,
I am a newbie renting my first condo. I have a great new applicant , seems very nice, that states they own their own business. They have five-star, glowing reviews from past landlords; paid on time, quiet, et...
Kimberly H.
Cook county landlords stop the crazy new tenant landlord law!!!
COOK COUNTY LANDLORDS! Something worse than the Chicago RTLO is being voted on soon that would apply to ALL of Cook County...it adopts all the requirements of Chicago’s RLTO AND the following:
a) Limits late fees to ...
Ashley D.
Putting an offer on a house
I put a full ask offer on a houseFor 121kArv 248k....They want the principal to sign the offer (owner of the llc)Wouldn't this make it impossible to sell the llc to another principal before closing?They also want a 10...
Madison Blaxton
My First Multi Family
I was 19 when I bought my first mfr. The seller was offering owner financing but I was a poor, young Realtor and didnt have the cash for the down payment. In talking with the seller and his Realtor, I devised a plan t...
Eva Morel
2018 Duplex Milton, Vermont
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $232,000
Cash invested: $25,000
Purchased a duplex 2bed/1bath on each unit. Rehabbed one unit (approximately...
Account Closed
Pet Fees - NJ
Am I allowed to charge a pet fee for renting my house? What are your thoughts on allowing pets? What is a good fee to charge for pets if any?