Robert Curls
Rent to someone who Shortsaled their home
Hello,
I want to get other peoples opinion on this. I'm in the process of renting my home in the Tampa bay area. I have an interested party but they've disclosed that they are shortselling their home. I ha...
Megan Hirlehey
Pay interest on a HELOC if you don't use it?
I applied for several loans (HELOC and Home Equity) for a deal I'm trying to do, got approved for both types, narrowed it down, decided to go with the HELOC (interest-only minimum payments for the first 10 years) for ...
David Helman
Selling a Seller Finance Deal - Pennsylvania
I'm trying to sell a flip in Harrisburg, PA and my business partner and I have only received seller finance offers. We've new investors flipping with cash so we really would prefer not to a seller finance because;
...
Mahbubur Rahman
My First Two Years as an Owner-Occupied Multifamily Landlord
My First Two Years as an Owner-Occupied Multifamily Property Landlord in NYC
By @Mrahman2008
In March 2015, I bought a 2-family home in the Morris Park section of the Bronx, NYC. I was excited beyond words. I was ab...
Jorge Liang
Turning off electricity service while tenant is living there
Los Angeles market. Tenant pays rent on time. He has not paid utilities since Aug 2022. I am currently going through the Small Claims process to recover the unpaid amount. The electricity utility account is under my n...
Michele Satterlund
Buy or Sell In light of Capital Gains Tax?
Bought a home for $170,000 in 2010. We spent $94,780 in capital improvements/renovations before moving out in 2020. We have been renting the house for the last three years ($27,240.00 annually in rental receipts). ...
Rachid B.
Cash for keys question
My tenant has finally agreed to takee the money and move out. But, he is asking me to give him an additional free month stay on top of the cash i am offering him. How do I proceed? Should i accept?Also, I would apprec...
Carley M.
Early Termination of Lease
I recently purchased a 4-unit property (like a week ago). While I was moving in, one of the tenants gave me notice that she would be moving out in 45 days. I reviewed her lease and it has significant penalties for ear...
Account Closed
Take something of value to hold until security deposit paid?
I know that most of you will say no way!
Someone brought over a motorcycle with signed title wanting me to keep it until they paid the Security deposit and the other part of last months
They do hav...
Nahal Beckam
Move out time on the last day
Hello, we did not specify any move out time in our lease agreement. I was wondering if my tenant has right to stay till midnight on the last day. The house is in California. thanks