Yannie Gold
Applicants with varying credit scores
I require my tenants to have a minimum credit score of 680. A group of four are applying together for my 4 bdrm property. They are an engaged couple, the guy’s mother, and the woman’s brother. I was told that out of t...
Raghul Manoharan
Rent vs Sell Primary Residence
Is there a good calculator to determine whether it is financially better to rent it or sell it? I found this but I can't understand what the other costs are https://www.narpm.org/members/resources/rent-vs-sell-calcula...
Jim S.
To form an LLC or not
I own 2 duplexes and I am considering buying an 8 unit. What are the advantages to forming an LLC. I know if there is a judgment against the LLC that is separate from my personal things. But what else. Is filing an LL...
Rich Schmidt
Abandonment clause in lease... Is it legit? Have you used it?
The lease I've been using for years with our SFH properties includes the abandonment clause pasted below. I don't remember where I got the lease, but I'm in a situation now that fits the criteria listed in it. He move...
Tom B
Florida office space month-to-month lease
Hi Group,If you are on a month to month lease for an office space and the lease requires a 30 day notice to end the tenancy, how does it work in Florida if said notice is given during the middle of a month?Thanks.
Clay Manship
What To Address In An Estoppel
I am meeting the tenants of a home I am buying tomorrow. We have spoken on the phone, and they seem like great folks, for being inherited tenants.
I am making the tenants I am inheriting sign an estoppel agre...
Johnny Ruiz
how do I get this motivated seller property?
I recently just gotten a new lead in Portsmouth RI and the seller is really committed. She wants to sell as fast as she can because she is going through hard times. The ARV is 950k-1.3 million. I estimate repairs to b...
Nathan Williams
LLC as Additional Insured - Does this pierce the veil?
Hi All,
I've read some previous posts on this same scenario but I am still not understanding the right way to structure/approach this.
I did a quit claim deed on my properties to an LLC. I own them outright.
I want...
Carlos Licon
Does Using Seller-Financing Affect Your Debt & Credit Report
I have been looking at single family homes in my market and have noticed that several properties offer seller financing. I am aware that Seller-Financing is a great way to acquire a property but my only concern is tha...
Jackie Riley
Property transfer to LLC/ tax treatment
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...