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Privacy PolicyQuestion I am a new landlord and want to have an attorney do an eviction for me. How should I go about finding such an attorney? Answer I will first mention a couple of way how not to select an attorney. First, do not select an attorney based on the size of the Yellow […]
Some Foreclosure Issues – Part 2 In Part 1, we briefly discussed some issues related to foreclosures, including the effect on the foreclosed owner’s credit record and two possible ways to avoid completing a foreclosure; a short sale and a deed in lieu of foreclosure. In this Part 2 we will cover some issues related […]
Deposits & Fees, a Review – Part 1 The failure of some landlords to establish clear and fair systems of setting, collecting, and accounting for deposits and fees has contributed significantly to the negative landlord image. Especially grievous has been failure to refund deposit amounts not applied to unpaid rent and/or physical damages caused by […]
Question I need to know my recourse for drugs in the house. I found water pouring out under the house. I made emergency entry to a door that says “KEEP OUT.” Upon opening the door, there was a very strong smell of pot smoke. I had the overflowing toilet repaired and now I want to […]
Question A current tenant has an unregistered car parked on the rental property. The tenant has been told numerous times to remove vehicle and failed to act. How can I get car removed? Answer What you can do and what you should do depends on a number of issues. First, what your lease says regarding […]
Some Foreclosure Issues – Part 1 Ownership of real estate can result in having a property foreclosed on, whether a personal residence or a rental property. Foreclosure of any property can result from a variety of events including loss of employment, catastrophic illness, or divorce. For rental properties, foreclosure can result from deterioration of the […]
Deciding If Refinancing Is Beneficial – Part 2 In Part 1 of this series we covered some basic issues regarding the decision of whether or not to refinance a property. We stated that Discussions can be divided into two parts – the short-term and the long-term. For the short-term, we’re usually most interested in knowing […]
Question A partner and I purchased a 6-plex in Wisconsin a couple of years ago. The investment has lost a significant amount of money since its purchase, totaling almost $12,000 during the past 12 months. My partner has been unwilling to continue contributing his share of the negative cash flow and I’m unable to continue […]
Question I need a joint tenancy with right of survivorship form that I can file myself. Is it true that the two persons must take title at the time the property is purchased? I bought the property myself, so can I still change to joint tenancy? Answer There are no specific restrictions on transfer of […]
Question We are new landlords and want to know how much notice we have to give a tenant before we can enter the apartment for repairs. Answer It depends on which state the property is in, which you didn’t mention, and what the lease agreement might say about the issue. In general, reasons for landlord […]
