Nick K.
Holding Deposit / Tenants Backed Out
I'm renting out a SFR in California. I had a young couple apply and pass the screening process. I offered a lease and they accepted. Because the move-in date was still a ways off, I offered to take a holding deposit/f...
Steve Novosel
College Rental Properties
Hello everyone,I am a college student currently as well as a Real Estate Agent. As an agent, I help students (my friends and peers) find off campus housing. At my school, having an off campus house is extremely desira...
Sagar Mylab
Tenant repeatedly late on rent
Hi BP, I have a tenant with a 2 yr lease that started the beginning of this year. She has already been late on rent 3 times so far. I've been sending her notices of late rent every time and this has continued to ha...
Mark Tomsick
Purchase Agreement- purchase price differs / escrow is less
I signed a purchase agreement to sell a property for 490,000. It was written that my total proceed would be 250,000 less any taxes etc. Buyer stated that he needed to state the higher number so the hard money lender ...
Ilya Z.
How do I (re)negotiate prices with GC to exclude materials?
We're in the middle of our rehab project. The GC, who's doing some of the work with his crew and outsourcing the rest, gave us labor+material prices for individual parts of the project (roof, kitchen, baths, deck etc)...
Account Closed
What should I do?
Hi all! We have a house out in Austell,Ga that we've been renting out for the past 5 years. My older sister was the landlord up until recently when my mom asked me to take over. When my sister turned everything ove...
Malik R.
VA Owned REO contract and foreclosure issues
We made an offer with $2K earnest money using the regular real estate offer forms on a REO property in California that is owned by VA. The offer was accepted but we were told VA does not accept the regular forms and h...
Nick Watkins
Move out cost form
I was listening to podcast show 36 and they talked about a paper they gave to tenants who are planning to move out. It was sounded like an itemized list of cost for "repairs" example was 10 to put in a lightbulb. Does...
Jacob D Adamczak
Questions to ask when looking for an agent
I have just moved to the Charleston area and I am in the process of finding an agent to work with to help me find a small multifamily property in the area. Since I am new at this, I am not sure exactly what to ask. ...
Dominic Chi
Los Angeles Unit Compliance Requirements
Hey guys,I am in the process of negotiating a deal for a completely renovated duplex (e.g. major structural changes, some add-on bedrooms, copper plumbing, tankless water heaters, etc.) in LA and the seller is adamant...