David P.
In escrow for property-Should seller or buyer pay cash for keys
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
Richard Ma
Received a harrassment letter from my tenant
hi i just received a harassment letter from my tenant and was wondering if i should find a landlord attorney for this?
Ehab Tadrous
Getting out of a sale contract
I am selling this property which was purchased at a tax lien sheriff sale, I signed a contract with one of those contractor guys who buys for cash, but he is not licensed and is just trying to sell it or wholesale it ...
Elliot B.
Verbal Lease Termination? Late rent. Newbie Needs HELP
Hey all,I just had my first tenant inform me that they will be "moving on". They informed me on the day that their new lease was due to be signed and returned to me (7/1). Additionally, they paid me the old rent amoun...
Rajheim Hunt
Inherited tenants with under market rents. Prop manager questions
I purchased a duplex in Ohio, and inherited the tenants. One tenant is an 11 year tenant, and the other is a 5 year tenant. Current rents are set at $600 and $625. Market rent is about $700. I have a property mana...
Chait Borade
Leaking Roof, next steps?
I had my roof replaced in 2020. We just had a heavy rainfall over the past week and my tenant notified me that their is water leaking through the ceiling into their laundry room. I checked the attic and and there is w...
Robert Greene
Buying houses at auctions
I am looking for information about buying houses at auctions. I have found a couple that look like they might be good buys if I can get them for the right price. Some of my questions include title searches ( how and w...
Eric Allgeier
Tenant behind on rent and went into rehab
I have a tenant in a triplex that owes 1 month rent. I told him I was going to start the eviction process two weeks ago and haven’t heard from him since. (There have been ongoing problems with his rent payments). Th...
Johnny Nelson
Can (or should) I raise rents when inheriting tenants?
About to close on a duplex, one side already rented. Can (or should) I raise the rent, practically speaking, and of course, legally? It’s several hundred below market value.
Garrett Leahigh
Can I switch a property in our personal names to an LLC I opened?
I’m working on purchasing my first rental property but I don’t have an llc just yet. I just applied for one but it could take more than a month to get it. If I purchase this property in my name, then how hard is it to...