Mark Warlick
The Sale of Non-Performing Notes May Change Your Business
“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
TRUNG DAO
Sticky situation with buying home with tenant's deposit money.
Hello and please advice...
My offer was accepted by the seller for $118k and we are scheduled for closing on June 25, 2014. This property has a tenant that pay about 1250 a month and is on a month to month w...
Raven Parmer
Closing on rental soon, existing tenant behind on rent
We are under contract on a new place, a duplex with a separate garage apartment. The owner passed away, and her daughter is selling the property. From what she can tell there is no lease, and the tenants are unofficia...
Barbara Cook
Evicted Tenant attempting to blackmail landlord.
I am helping out elderly relatives, whom I live with and take care of two apartment complexes they own in Oregon. We have been having trouble with a tenant for the past year and finally decided to just evict him a...
Jack B.
Wow, tenant is crazy
This is the jist of what has happened. I've written this as a letter to them to vent, but you get the idea. It's all documented via text and email, as well as video (I used a body cam when interacting with tenants, wi...
Brandon Palmer
Tenant looking to move to month-to-month... Considerations?
Hi BP friends!We have a family (2 parents + 1 kid) who are renting from one of our SFRs. Their lease is currently expected to end in mid-May but they are also building a house (we knew this coming into the lease) whi...
Nathan Waters
Tenant hasn't put water bill in her name yet. Going on 3 months!
I bought a small 1BR 1Bath HUD home back in September. I got it rented out in March. I know; the turn around was slow, but it is what it is. Learned a lot and got what seemed to be a good tenant. She got the gas and e...
Jack B.
Include evidence of damages when refunding part of deposit?
I posted about this before, but am still undecided. -Tenant made a claim of bed bug infestation first day. Inspection found not even eggs or their poop, let alone bed bugs or other pests.-Tenant paid rent late first m...
Kyle Eckert
best month to renew a lease?
We have inherited 2 tenants with the property we are closing on today. I top unit just extended their lease for 6 months, the bottom unit needs a new lease and is currently month to month. I hope to get their leases...
Brian Volland
Legal Issues w/ Cash For Keys?
I'm about to close on my first property which is a 4plex. The property is fully occupied right now but all the units need to be rehabbed and most of the tenants are on month-to-month. My plan is to get in to one of th...