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
I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
Hello, everyone I am a new landlord and encountering my first issue. Soon I'll be moving out of the first house I purchased and I'm converting it to a rental property. I signed a lease with a tenant and they will mo...
Hey BP!
Here's one for you. Tenants moved out and there is water damage to several planks of the Pergo laminate floor that was newly installed just before they moved in 3 years ago. The seams between the planks hav...
I normally do move-in fees in place of security deposits here in Chicago. I have a tenant finding a sublease currently. Can I collect a move-in fee for a subleasing tenant? What about a pet fee?Thank you,Art
Our current tenants signed for 6 months lease but have to leave one month early. They asked if security deposit can be used for last months rent provided no damages to the property and the condition during move out is...
I've recently setup an LLC to buy rental properties. When I contribute money to my LLC (not as a loan) to either buy real estate or deposit cash reserves into the LLC bank account, is this classified as income for the...
Hey BP,
So I have a house under contract. Originally the seller said she would not go any lower than 75k. I talked her down to 42k. My situation is this- the price is a little too high for the area and I can't fin...
I am just starting out and just can't quite seem to cross the line. Does anyone have any opinions on whether or not this market is saturated?
I am in Birmingham, AL and there are a few investors here. With the popu...
Being cash short, after several tries with hard money lenders here on this site.
All all of my family is dead so that's out. Any Idea's how to make this happen?