I am fairly new to real estate as well hopefully we can network and possibly partner on a deal.

I was thinking of maybe a choice of month to month, 6month, 12month but with different price options to get me closer to fair market rent.  

The tenant is wanting to buy the house, and he asked me about having an agent draw up a contract and what might be a fair price to do so.

The tenant is wanting to buy the house, and he asked me about having an agent draw up a contract and what might be a fair price to do so.

I'm fairly young so I'd like to rent out the additional rooms to generate income from rooms that would otherwise be vacant.

Now I had no debt on most of mine so I could do that I don't know if you have a double whammy here and have debt that could back to bite you as well.I also donated my fair share of these to Habitat for Humans.. but they don't just take anything .. they don't want stuff they can't turn aroundBest of luck

Getting great tenants is fairly easy despite the crime because it is close to the major job centers and the perception is that we are turning the corner slowly.

I did a home made sign on a property I had under contract on the corner of a fairly busy street.

In my initial email to one of them, I asked for what they charge and he said for single family houses, they charge 1 months rent per year.I own three 4-plexes and he said that we could negotiate the terms.I would like to negotiate fair terms that incentivize the manager to run the property the way I want, which would be to fill units fast with tenants that stay long term and keeping the rent just under market rate.Any suggestions on terms, incentives and things to look out for would be much appreciated!

If your inspector flags the roof and you want a roof guy to look at it, but the seller doesn't want to give you time to get a roof guy out there, you should assume they are being shady actors, that they are trying to hide something, and you should 100% walk in 100% of cases.If the inspection results come back clean and/or only revealing things you already knew about from the seller disclosures, great that is how it is supposed to play out and you've got an honest/forthright seller. 10 days is PLENTY of time, unless the seller is being shady or is ignorant of the home they are selling, which is THEIR fault.The California Assn of Realtors Residential Purchase Agreement, in whole, is a fair document IMO.