nate.quicksall's Advice

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nate.quicksall wrote:

Lease transfer from Property Manager to Owner

Response
I was thinking the exact same thing.  I did check with my attorney and he said the same thing. Why would I not be able to write an Addendum for the existing contract changing the name of the Landlord to myself and my specific contact info and be done with it? The PM I'm using stated that the agreement that they have with the tenant may not be used by me because I'm not a registered realtor.  She also talked with my tenant warning him not to send me a copy of the lease. I spoke with the tenant and told him I just need the specifics of the agreement so that there are no conflicts.I think the PM is simply making it harder on me and the tenant...Thanks for the advice!
September 24 2012
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Lease transfer from Property Manager to Owner
I have decided to manage my rental property for myself and have a tenant currently under contract for a year (10 months now). Can I simply amend the lease agreement that my tenant has with the property management company or do I need to draw up a new lease agreement for the remaining months of the contract?  If I need a new agreement drawn up, would not the tenant be able to leave if he/she decides they don't want to live there anymore?NateFL
September 20 2012
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Should I start LLC for my Rental Property?
I live in OH and own a property that I manage myself in Jax, FL.  Should I consider starting an LLC to limit my exposure to potential litigation?  What other advantages are there (i.e. Tax reasons)?
July 31 2012
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Incorrect Public Records; how do I correct?
On my home's page the "Recently Sold for" price is incorrect. How do I get this corrected?  I don't plan on selling anytime soon but I believe it has dropped the Zestimate a considerable amount and I would like to get it corrected.-Nate
October 30 2011
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listed on Sheriff Sale and by Realtor???

Response
Thats a good suggestion about the title search.  I will definitely do that if it comes to the point of sheriff sale. If I were to make an offer to the realtor, would he have to get the offer accepted through the homeowner or the bank? The sheriff sale is a month away now and I need to get serious about this search.
February 02 2011
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listed on Sheriff Sale and by Realtor???

Response
Many thanks for the previous responses! Micheal, I am in Ohio and I'm not sure of the laws regarding redemption periods.Actually I went by yesterday and saw that there is a lock-box at the front door. I've scheduled a walk-through with the realtor and I am hoping to talk to him about an offer that would satisfy the homeowner to prevent the possibility of losing the home to an investor or lender at the sheriff's auction.The appaised value as noted by the sheriff's auction website is 60k lower than the asking price by the realtor! How would you advise going forward? Is it in my best interest to purchase the home prior to the sheriff sale? It's my understanding that there may be hidden tax leins and late fees associated with the mortgage that I'd be responsible for if i do purchase at the auction that wouldn't be there if purchased directly through the realtor.
February 02 2011
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listed on Sheriff Sale and by Realtor???
I found a home that is listed to be sold at a sheriff sale is also listed by an agent and still has an MLS#.  How can this be? If my understanding is right, when a home goes to a sheriff sale, it is no longer the "property" of the owner that hired the listing agent to sell the home before the foreclosure process was complete. There is no longer a For Sale sign in the front yard so it would appear that perhaps the realtor has just not up dated their website. I wonder if I can still schedule a showing with the realtor and try to scoop it up at the sheriff sale if  I like it???
January 26 2011
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