Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Michael Poloncic Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Ryan Treacy What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
16 January 2025 | 3 replies
Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.
Sakib Khan Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
I’d love to hear about the crime rates or any other issues (which we cannot guess from the online stats), and how easy or hard it is to find reliable tenants and property management companies.
Danielle Levy Filing lawsuit against property management company
11 January 2025 | 17 replies
That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.
Leon G. Getting out of the rental business after 10 years
10 January 2025 | 67 replies
While you are figuring it out and/or deploying it over time, US Treasuries and certain CDs are paying 5%...and 4% for certain online savings accounts.
Tyler Bolton LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
Hi @Tyler Bolton I hope I can help clarify given I see a lot of muddled points of view on these matters online.  
Mike Sfera When to get a property manager
16 January 2025 | 26 replies
Every PM operates differently, and at the end of the day, there is tons of information you can navigate on your own in the beginning stages online, but surely there will be PM's that would be more than happy to assist you on journey. 
Steffany Boldrini Seeking Advice: Issues with Jenny Yi, an STR Designer
4 January 2025 | 20 replies
I picked her exactly because she had a good social and online footprint!!
Celine Besson Managing a renovation from afar
14 January 2025 | 6 replies
If you've got to ask a question on an online forum about managing an out of state or out of country renovation, you aren't ready to do this on your own.
Nicholas Stout Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.