Lulu Heather
Does Tenant Sign Rental Agreement The Same Day They Give Deposit?
Hello, I'm a new landlord and I'm wondering whether other landlords will make the tenant (who passed background, credit check) sign a rental agreement and all paperwork on the day they give you the security deposit? I...
Matt W.
Best legal structure with high-earner spouse?
Hi BP, First a little background on my situation: I am married with two young boys, ages 2 and 4. My wife is an MD and earns $200k+/year. When we had kids, I was working as a traveling nuclear reactor technician and ...
Patricia Vildozo
Moratorium extension in Wa and tenant says has no money or plan
Hello community,A while ago I decided to rent my primary home located in Wa, and rent another house in a better school district. I divided that house into two units; the main house ( unit 1) and a separate entry bedro...
Nancy Bender
A Doctor wants my help financing a deal, I have questions
A realtor I've used frequently asked if I'd be interested in helping a doctor client of his finance a condo, (it will be his primary home) He can't get financing because of a messy divorce and the closing is next week...
Chris Wunder
Starting a New LLC and Tax Implications
I currently own a rental property in the Kansas City metro area and am in the process of transferring the deed to an LLC I have created. I am not sure how this will directly impact my personal taxes but would love to ...
Brian Mackey
What Are Good Seller Financing Terms
Hello,I have an off market deal on a duplex right across the street from me. The seller and I have agreed on a purchase price of 288k. The top unit is good to go, the bottom unit needs work, and there is actually a ...
Mitchel Schwindt
TurnKey Wisdom - how to evaluate?
Our small city is crushed with influx due to Covid. $333+/sqft on avg. Looking for out of state TurnKey opportunity but unsure how to vet or evaluate companies/opportunities. Any good/bad experiences with specific ...
Erica Larence-Penna
Managing Properties While Out of State?
I have a four-unit in Rhode Island, where I currently live, but I am moving to Florida at the end of the year. We have good tenants and have not had any major issues since we bought the property in October 2019. I w...
Rashmi Nigam
Negotiation tactics with seller 4 vacancies & rent non-payment.
Currently in escrow for a building in Tucson area. We signed the PSA towards end of March. With covid the rent collections have been lower for May. During initial PSA there were 4 vacancies but now with non payment, d...
Damon Wong
Seller Finance/Note Servicing Requirements
BP,I did my first seller finance sale, creating a note that the buyer is now promptly making mortgage payments to me---going swimmingly well thus far. After more research, I came across various blogs/posts regarding ...