Does it have to be written into the contract that the security deposit and prorated rent will be transferred over to the new owner? Or it is assumed?
New to all of this. I have opened up a LLC for my rental properties. I am doing a remodel and paying for expense but since it is new can I transfer my personal funds to my business account to cover expenses? I know yo...
I am looking for a title company that can handle title assignment for a California-based rental from a Solo 401k Trust to a Solo 401k LLC. My lender, NASB (which is a great lender for 401k or IRA financing) is ok with...
Say that a man who owned a piece of property dies and has no heirs. What happens to the property? Is there a way to acquire the property?
Seller has a property management company. The property is occupied. How should I write the security deposit of the current tenant into the contract?I am using an "As Is FAR BAR" contract.Thanks!
Hello BP members,
I manage 6 apartment buildings and am looking to transfer from agent to principal someday. I also am a broker, but don't tell anybody. My main goal here is to personally network rather than market ...
Hey BP, Currently investing in CT. Looking for alternative interest-bearing accounts investors use for security deposits other than a savings account. Online? Money markets? CDs? Appreciate the help!
I'm purchasing my first rental property that has tenants staying. Their current lease is until October but doesn't have a section about a transfer of the property. Do I need to have them renew the lease right away? An...
When you sell a house rent to own, and they pay an option fee, do you get the contracts signed first and then get paid? Or you first get your check and once everything ok then you get the paperwork done?
I'm buying my first property from a friend and putting it in an llc. Can I buy the second property under my name and still qualify as a first time home owner?