![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
30 January 2025 | 62 replies
Anything requiring court or judicial decisioning is extremely slow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175019/small_1737933086-avatar-davidy250.jpg?twic=v1/output=image&v=2)
29 January 2025 | 12 replies
@David YoungTo turn your paid-off home into a successful investment property, start by formalizing a lease agreement, assessing necessary renovations to maximize rental appeal, and calculating your cash flow after expenses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2947609/small_1707937236-avatar-matthewc1041.jpg?twic=v1/output=image&v=2)
9 January 2025 | 4 replies
@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2701839/small_1694637370-avatar-laurak162.jpg?twic=v1/output=image&v=2)
26 January 2025 | 14 replies
In regards to the lease signed June 3rd 2024.This is a formal notice to vacate.The lease will be over at the end of June 2rd 2025, provided that no more lease violations occur before that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2654200/small_1736729027-avatar-toddd138.jpg?twic=v1/output=image&v=2)
12 January 2025 | 4 replies
You can do that without any formal income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2495972/small_1695612417-avatar-venkap.jpg?twic=v1/output=image&v=2)
11 January 2025 | 7 replies
Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1677479/small_1694588509-avatar-carlosl130.jpg?twic=v1/output=image&v=2)
14 January 2025 | 9 replies
It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due to a medical illness that renders him unable to continue attending college.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/357120/small_1687539200-avatar-joshuad141.jpg?twic=v1/output=image&v=2)
23 January 2025 | 20 replies
I spent 10+ years taking down deals and mentoring people before I formalized it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2218316/small_1641780267-avatar-derekh209.jpg?twic=v1/output=image&v=2)
3 January 2025 | 3 replies
Work with a real estate attorney to draft a formal agreement that outlines responsibilities and protects both parties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2660303/small_1694598608-avatar-ryanb1314.jpg?twic=v1/output=image&v=2)
26 January 2025 | 24 replies
Once you mention that their voucher may be taken away in an eviction, they normally get their act together.That’s a nice formality you have there!