Making The Impossible Deals Possible, Bill Cook A realtor asked me to show her a real-world example of a deal we did that demonstrates how we make impossible deals possible. No problem, but I ask one favor: As you read this, BEFORE reading how we structured this deal, think about how YOU would have put [...]
Property taxes vary widely across states both in terms of annual taxes paid as well as effective tax rates. In 2017, the difference between average real estate taxes paid by New Jersey and Alabama home owners was nearly $8,000. New Jersey continued its perennial distinction as having the highest average real estate tax bill per [...]
Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out one of these letters but then started [...]
Think it doesn’t happen here? Think again!!! If you have never experienced frozen water pipes, perhaps you do not understand the severity of this situation. When water pipes freeze, the water expands and splits or cracks the pipe. Then, when the water under pressure, finds that crack, the water runs until someone notices and shuts [...]
Whether its due to an influx of assisted animals or because landlords are becoming more pet-friendly, anecdotally, we have seen an increase in the number of animals in rentals. As a result, we are seeing an increase in incidents involving dog bites and attacks. In Arizona, the owner of a dog is strictly liable for [...]
Question: I texted my tenant that the rent was owed and sent a picture of the 5-Day Notice for Non-Payment of Rent. They responded by saying, “I will pay the rent.” Is that valid service? Answer: You have a decent argument you can make that notice was valid because they have actual knowledge of the [...]