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6 December 2024 | 10 replies
After a month of renovations, I listed it on the market on November 19th and secured a tenant with a lease starting on December 10th.
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4 December 2024 | 9 replies
In Maryland for a year lease, you have to give 90 day notice of non-renewal.
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6 December 2024 | 3 replies
Leases expire mid 2025.
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6 December 2024 | 2 replies
Once leased, I call them and have power cancelled.
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10 December 2024 | 39 replies
Related to that is the question of lender appraisal, even at a reasonable cap rate it will probably take a portfolio loan.You can try a lease with option to purchase.
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9 December 2024 | 15 replies
I've seen you post a few times about 70% max leverage but 75% is widely available, at lease with non-conventional 30Y DSCR loans.
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3 December 2024 | 21 replies
Bonus question: Should I execute the leases under the business name and tenant’s name, or should the leases be in my personal name and the tenant’s name, considering the loan is in my name?
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5 December 2024 | 3 replies
A master lease to the organization structured with an annual escalation clause and a term limit - like up to 5 years - was a recommended way to get a contract.
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5 December 2024 | 7 replies
First, get everything you can about your properties: leases, tenant contact info, etc.Then find a new PMC!
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3 December 2024 | 3 replies
Quote from @Arvand Sabetian: Does your lease state you're providing internet for the tenants?