I'm looking for suggestions, guidance; how do I word this in a lease agreement?

A final settlement statement should be agreed upon to ensure no discrepancies.This process ensures that the transition is efficient, minimizes disruption for tenants, and allows you to take over the management of the units with all the necessary information at hand.I hope this helps, and best of luck with the transition!

I did not raise the rent last year however we did think about putting the house on the market because there are not many houses on the market for sale and house prices in this area are significantly increased.

Rate hikes the past year have made community banks much more expensive and we had to pivot to a credit union.Assumptions were pretty much non existent when rates were low, but a lot of investors are buying deals by assuming the exisitng debt in this part of the cycle.We evaluate a deal by Buy Right Manage Right and Finance Right.

Yes John, this is simply the purchase and rehab costs as my "cash invested".

What sites/software does anyone recomentd to collect rent, anyone have like a template of an excell sheet I can use to get organized?

Purchase price: $204,000 Cash invested: $30,000 This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

She sent a text this morning (July 8) saying she saw two cockroaches in the kitchen.

Long time listener of Bigger Pockets and this question is HAUNTING me so I jumped on here.

The benefits of selling as a portfolio is that when you do a 1031 exchange, you won't have to coordinate the sales of multiple properties, And this would minimize the amount of individual exchange fees.