Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
They may also be able to temporarily relocate your tenant to avoid any other issues.
Benjamin Blunt
How do you find Off-Market Properties?
17 January 2025 | 19 replies
Ask questions to find out about their reasons for selling, desired next steps (i.e. relocation, 1031 exchange, etc.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.
Neil Patel
Buying Condo/Coop in Upper East Side NYC
25 December 2024 | 5 replies
Perhaps....but the person relocating to any given market and who has to make a purchase in a finite period of time is generally the least likely candidate to get a great deal on the purchase, meaning the appreciation is even more important.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
Moving forward in my commercial leases I will now include language making the placement of thermostats the landlords decision with additional language prohibiting the relocation.
Kavya Veerapaneni
Moving to Danbury, CT – Seeking Advice on House Hacking and Local Strategies
26 December 2024 | 7 replies
Quote from @Kavya Veerapaneni: Hi BiggerPockets Community,I’m relocating to Danbury, CT, from Reading, PA, after accepting a new job.
Nathan Noorlun
Recommend Property Manager in Sacramento CA
4 January 2025 | 5 replies
Hello Bigger Pockets Community,My sister is considering renting her 3bed/2bath home in Sacramento CA and relocating to WA state.
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
There were no jobs to be had and everyone was forced to relocate.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
Already there are many reports of increased listing activity in the surrounding areas and plans for many to relocate and migrate.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.