Kayla Weigel
How to Handle Challenging Tenant in 5-Bedroom House Hack
23 February 2024 | 6 replies
Moving foward: 1) Enter into month-to-month leases instead of yearly (term) - they are the SAME to YOU but month-to-month give you all the leverage should this occur again in the future. 2) You should add a clause to elaborate on and expand on the current 'Noise/Waste' clause and the new clause should focus mostly on nuiscance and violation of other Tenant's quiet enjoyment and the remedies (fines) leading up to eviction if the issue is not corrected. 3) You should add a clause to protect yourself from the other Tenants (the good Tenants) ensuring to clearly spell out that you are not resposible nor do you guarantee that other Tenants will abide by the lease nor is it your respobility to enforce the lease vs. other Tenants, nor do you guarantee safety. 4) This is the most imporant one that will fix most of your issues: Because you are adding #3, you will now add yet another clause that gives ALL Tenants the right to enforce the lease in regards to your new 'Noise/Waste clause 2' against any other Tenant who violates it and will idemnify you and hold you harmless, ensure to limit the right to only the pertinent clauses ---- essentially, if Tenant A complains to you that Tenant B is making funny faces at them... you can inform and remind Tenant A (in writing) that if the issue is a problem they have the right to pursue legal action vs.
Richard Lange
Can anyone help me get leases for rented out duplexes?
22 February 2024 | 1 reply
Tucson Section 8 is valuing my two- and three-bedroom units in a duplex well below market rental rates because they said they don't have data supporting higher rents specific to duplexes (they won't compare to SFHs or Apartments).
Neal Zhu
How to find a good area to invest in?
24 February 2024 | 9 replies
The Midwest seems to be the theme when it comes to cash flow and I also believe it holds a ton of potential for appreciation if you do it right.I now have 14-doors in Detroit and I stay extremely active in the market outside my own investing.
Nikita Baynard
Our First Endeavour
23 February 2024 | 8 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Ryan Healy
First time investor looking in CT
23 February 2024 | 2 replies
Hi BP Forums,I've been laying the groundwork in terms of learning about REI and the important steps for finding the right deal and now I'm looking to buy my first property as a buy and hold (or BRRRR).
Fatima Mcduffie
Property Management position
23 February 2024 | 1 reply
I have been a landlord for quite some time while also holding a fulltime job.
Diran Deukmajian
Thoughts On Investing Out Of State
24 February 2024 | 30 replies
Buy & Holds, etc...).
Jackson Brewster
Scranton and Wilkes-Barre PA
23 February 2024 | 3 replies
The Wilkes-Barre and Scranton market seem to be a hidden gem in buy and hold real estate investment.
Kathy Kifer
"Not So" Future Booking Requests
23 February 2024 | 16 replies
You could just hold off until 1 month prior too.If there are a lot of leads in your area and you are not booking look at why before you accept something farther out.
Raymond Hunce
Business Lines of Credit Fees
23 February 2024 | 27 replies
Of course after that first 6-12 months there will be an interest charge on any balance you hold and cash advance fees if that's how you access the money.I'm not saying that it's a bad thing.