Kristen Bouvier Scoville
Selling a Property alone or within an LLC Tax advantage or Disadv
Tax Question... I have a Commercial Property within an LLC. Tenant wants to purchase. What is the advantage and/or disadvantages of selling with or without the LLC attached for me? Or is there any? Im in New York stat...
Remmy Vernon
Security Deposit Return/Roommates
Had a young couple move-in to one of our apartments. She bailed after 3 months. Luckily, he was able to find a roommate. ( he went through our application process etc. and was passed all criteria)I use a lease that st...
Jason Griffin
Security Deposit Return.
Hello BP,I had a couple sign a 1 year lease with me and pay a $1000 security deposit on May 8th. Their move in date was set for June 30th. I was notified by the couple on May 24th that they want to break their lease b...
Bryan Noth
Rental Flood Disclosure (TXR 2015): mandatory January 1, 2022
Interesting note for landlords in Texas (Austin, San Antonio, Houston, Dallas).Texas Realtors® Website link:
https://www.texasrealestate.co…Article text copied here:During the 87th Texas Legislature, a change in la...
Axel Ragnarsson
Landlord Question - How to approach not renewing a tenants lease?
Hi all,Just a quick question for everyone. I bought a triplex in August 2016 and inherited all of the tenants. The lease on one of the tenants is expiring in 60 or so days and I do not want to renew it (he consistentl...
Craig Rout Gallant
Buying Duplex With Tenants: Removing existing tenants
I'm about to put an offer in on a duplex contingent on the current lessor/owner going through the proper channels for removal of tenants before closing date. I will be living in one half but the tenant who lives in th...
Keazy Moto
60 day limit to owner occupy but duplex NOT delivered vacant?
Hello BP!This is my first post ever. I've been listening to the pod casts daily and reading up on the forums. I have my first question!My fiance and I are looking to purchase our first property. We're looking at a ...
Brian Schwarzkopf
Using Tenant's deposit to cover rent in early termination agrmnt
Hi Everybody!My tenant asked to be let off of his lease 2 months early and I decided that I want to sell the property so I offered them the deal that if they paid 1 of those 2 months (~$1700) and allowed us to start m...
Quandra Adams
What happens if a Seller refuses to sign termination papers
I'm pass my DD period and im okay with that. I am fine with having to lose my dd and earnest money. That's the cost of wanting to invest in real estate. My agent sent the termination paperwork and called the agent but...
Manny K.
Terminate M2M Lease or hang tight till Covid backlogs subside?
Georgia rental - tenant is paying partial 60-70% rent ($400-600 short every month, bit late without late fees every month) since past 8 months, claiming Covid hardship. Refuses to communicate, and is not cooperating i...