Introducing Becky Nova, one of our ezLandlordForms Ambassadors! With experience in a number of different industries, we can confidently say Becky is who you should trust when it comes to real estate investing. Becky not Read more…
Now is the time to get a jump on Hottest Real Estate Investment Locations for 2022. Real estate markets are expected to cool a bit in 2022, and, while price growth is expected, it should Read more…
Oftentimes, especially in a really hot market, Landlords could be buying a house with tenants or purchase an investment property and absorb, or inherit, the Tenants that are already in place. While this can sound 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…
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…
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…
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
Staying on top with a maintenance checklist is one of the best things Landlords can do to keep their rental properties in good condition, reduce the number of emergency calls from Tenants, and avoid costly 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…
