I purchased a 3 unit building several weeks ago. Recently, I signed up one of the pre-existing tenants on a new month to month lease. One of the tenants has a car in the yard. I told her at the signing (and wrote it i...
New investor here in need of advice... I came across a deal on two rental homes that each value for ~$145k and the asking price is $110k on each. The builder completed the homes in '08 and rented them out instead of s...
The guy is selling 20 units for 700,000. It isn’t an actual 20-plex but he is selling 5 building all together that consist of 20 units. It cash flows 8,600 a month right now with only 2 vacancies. The properties are b...
Hi all,
New landlord here. I have my first vacancy which I need to fill, just thought I'd ask what everyone's opinions or experiences are with offering a rent discount for paying early? For example, the rent is $1000...
I just purchased my first duplex. After the sale, i realized that the seller never transferred me any of the deposits on the leases for the tenants. I also found out that the information that he gave me to contact the...
Looking for thoughts and suggestions on how to deal with this situation:
I leased a home to an engaged couple last spring. Both had good jobs and decent credit ratings. The woman has a young son from a previous marri...
Hello all! Long time browser here, but first time poster.
I've been doing real estate for years out in OC California but am now in the DFW area in Texas.
I bought my first "courthouse steps" foreclosure the other day....
The house I'm renting went for auction beginning of Dec 2010 nobody bought it so it went back to the bank. They sent me certified letter saying where we can send our rent and our lease agreement to. I called the lady ...
I just picked up a rental property that I will be renting in the open market, no section 8. I am getting lots of phone calls and am getting to the process of tenant screening. My list of Questions include: How much do...
Well guys we have a tenant that got some sort of settlement. She's about 40 and told us upfront that her credit is not good. She was right. I ran it and it's not. She apparently is suppose to go back to work for this ...