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I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capit...
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I'm looking for a template or sample of a private money loan agreement. I have already discussed the rate and the time frame...I was just wanting something official and professional to start with before I draw it up.
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Ok so several months ago, I took in a deposit from a couple and they gave me a bogus story to as why they couldn't move in, I told them that it was customary for the deposit to be forfeited if you refuse to move in...
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Hello All, I am considering allowing dogs for my rental property in Philadelphia. Even though I am hesitant to do so I feel like it will open up the tenant pool. I am planning on having discretion on what types of d...
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In Southern California, the rental properties that make most financial sense are often in some not-so-good neighborhoods.
I screen applicants by running a credit check, but I have never found anyone with a cl...
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I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
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One of my tenants' ex-girlfriends broke every window in the apartment. I am trying to take her to small claims court, but in the meantime, the windows need fixed. The total is only $137 over my deductible, so no use...
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I've got a property that needs a good snake due to roots in the main line. Additionally there is an issue with the subfloor in the bathroom and it is no longer safe to use the restroom. (these are inherited problems...
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Just locked up a property with a partner. I'm putting up all the funds, including repairs. He's doing all the labor and managing the project. We will split profits. Thing is he actually made and got the offer accepted...
I have done various RE deals over the years using cash, Heloc's (years ago) and business credit lines. I have an associate who would like me to invest in HIS project, which I've never done - I've always been the deve...