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I recently went through a bid process where my agent said I had the highest and best offer. My offer was above list and all cash with no contingencies and the bank chose to negotiate with an owner occupant. This ...
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Greetings:Within a particular area that I have a rental property; unfortunate, but true; the choice of property management is not that great. What I mean is simply that there is fee based and percentage based and eve...
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A tenant had a water bill 5X the usual due to a leaky toilet. She alerted me of the problem after the $260 water bill came. How would you handle this? Do you think it is the landlord's responsibility to pay some or al...
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I'm a land lord in salt lake city, Utah and one of my single male tenants wants his little brother to move in. I'm not sure his little brother even has a job or would pass the credit check. I was planning on having ...
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So I am working on Mailing a list to Absentee Owners...I have a small list of 325. I am writing letters to every owner. My question is how often should I write a letter to the same absentee owner? Should I do it just ...
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The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
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How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
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Hello all,So short story, a friend and myself are really eager (but cautious) about starting in the real estate (buy and hold) business. We are looking into PA, more specifically the Lehigh Valley area. We have read m...
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I sent in a quit claim deed to the county to transfer two properties from my LLC to my personal name so that I can refinance with conventional financing. The county took a month to send it back because they didn't lik...
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I am trying to get a clearer shorthand of real estate development.For the purposes of this discussion, imagine there is a parcel of land that a developer sees as potential for a housing tract. The developer has also o...