Tanya F.
Tenant in nice property not paying utilities
We had new tenants move in this past April into an A/B property and we learned they haven't been paying the gas bill. Their credit was 675 and income was good and all references checked out as excellent. We include ...
Ty Hines
federal tax credit for lease purchase
Here in Georgia I have read several advertisements that claim that the purchaser of their home through lease purchase can qualify for the $8000 tax credit. Is this correct. Any comments
Mohammad Haidarasl
What second major should I choose?
I'm already attending school for a major of real estate, I'd like to add a second major (which I know you all would not recommend getting a degree in real estate at all necessarily to do this line of work), but if you...
Dan Swanson
Sketchy lease issue I just ran into
Summary...
I have tenants (good credit and have been easy to work with) that have been living in one of my properties for 2 years as of June. Prior to the recent lease end, I contacted the tenant to work on ...
Michael Tan
Closing on First Deal in Indianapolis - Closing Statement
Deal InfoI'm closing on my first deal as an out-of-state investor based in California. They provided me the closing statement yesterday (Friday, March 8th) and we are planning to close on Monday, March 11th.The proper...
Adam Graziano
I'm a newbie, how do I get started on the financial side??
Hi everyone,
i am looking to get into the STR market by purchasing my first property in Virginia this winter.
On the finance side, I assume I will need to start an LLC. How will that effect the purchasing process? ...
Nathan Williams
Buyer's Agent Performed Hydrostatic Plumbing Test w/out Consent
Hi All - I am under contract on a house. The buyer's agent, within the option period, had a plumber come out to the house to perform (what I think) is a hydrostatic plumbing test without my consent. What they did was ...
Gretchen P.
Does an undisclosed agreement between the seller obligate a buyer
We are closing on a duplex in the next few days. When I called to switch utilities to my name I discovered that apparently the duplex shares a water and sewer meter with a neighbor. The meter is on the property I am ...
Nathan Churchill
Guests staying for longer than 2 weeks
Hello, BP! I have new tenants moving into a unit in a couple of weeks. I had them review the lease terms and they had a question about a policy that anyone living on the property for more than 2 weeks will need to fil...
Dean Thoms
First time investor seeking advice on hiring a property manager
Hi - I would really appreciate some advice regarding hiring a property manager. For context, I am a first-time / would-be investor (based in Southern California) interested in purchasing a handful of SFR's in South Ge...