Maintenance emergency repairs can be tricky and disruptive over the holidays. Tenants often have an increased desire to get any issues quickly addressed, yet, at the same time, it’s difficult for Landlords to schedule and Read more…
Finding and keeping great Tenants is one of the most important things Landlords can do to get the most out of their rental property, building relationships with tenants is a critical part of this. The Read more…
Many Landlords are interested in installing surveillance cameras to protect Tenants and deter crime and vandalism. The presence of surveillance cameras can prevent break-ins, burglaries, and suspicious activity on your property. However, surveillance cameras can Read more…
Tenant Screening Reports are one of the most important things Landlords do. Effective Tenant Screening not only ensures that you only hand over possession of your property to qualified Tenants, but it also substantially reduces Read more…
Landlords are frequent targets of lawsuits. Who wouldn’t want to own their investment properties anonymously? But governments don’t like anonymity, especially when it comes to large assets that are frequently at the center of legal actions. Most states' laws are designed to prevent anonymous ownership of tangible assets.
So is it ever possibly to truly own real estate anonymously?
The short answer is (drum roll please)… not perfectly, but you can make it difficult for anyone to figure out who really owns your property.
That said, it’s pretty easy to buy real estate anonymously. Anyone can use an associate’s name (a “nominee” in legalese) on the contract of sale. The nominee can then assign you the contract of sale before settlement with just a signature, or if they buy it in a company name, they can simply assign ownership of the company to you after purchasing. Easy as pie. In the latter scenario, your name appears exactly nowhere on the settlement papers, sales contract or articles of incorporation.
Landlords are bound to face difficult situations and tenants periodically, no matter how well they screen rental applications. Perhaps a tenant didn’t pay their rent this month, or maybe they just brought a pair of pit bulls into your building that doesn’t allow pets. Now you need to take action and deal with the problem.
It’s never easy to confront tenants and try to shape their behavior, and you need to keep a paper trail. So what is the right paperwork to use? Do you need to use an eviction notice? Can a non-renewal be used instead? What about just giving a tenant a warning?
With so many terms and legal implications, it’s easy to get lost in the lingo. To help you keep them straight, let’s see the difference between an eviction notice, a violation notice and a non-renewal notice.
Eviction Notice
An eviction notice is an official document that must contain certain legal language, in accordance with state laws. It is required by law when informing your
While a federal eviction moratorium had been in place since March of 2020, on August 26, 2021, the United States Supreme Court struck down the most recent extension, affecting current rent relief programs. Still, while Read more…
The last year has been a record-breaking one for real estate markets across the country. Low mortgage rates, limited inventory, and high demand have resulted in a real estate market boom and high home prices, Read more…
On Thursday, August 26, 2021, the Supreme Court overturned the most recent federal eviction moratorium, which extended the moratorium in counties experiencing “substantial” or “high rates of community transmission of COVID-19.” The extension went into Read more…
As real estate markets around the country are booming, many investors are deciding to sell their rental properties. If you decide the time is right to sell, the next step is determining whether selling your Read more…
