Elizabeth Zielinski
Taking Over Tenant-Occupied Properties in Detroit Area
11 March 2020 | 4 replies
@Elizabeth Zielinski nice to meet you and one thing I would say is to look over their lease and inform them at the end of the current one they will be rescreened if they have had issues in the past and a new updated lease with verbiage specific to your company would be coming.
Jason Fang
Notice of Lease Non-Renewal and Lease Extension
12 March 2018 | 2 replies
The end of the lease is 3/31 and I sent him a lease extension in February.
Felipe Carrillo
Establish a Mngmnt LLC to Manage my Asset in an existing LLC?
12 March 2018 | 2 replies
Hey BPers,Have another question with regards to leasing my first SFH.
Jonathan Arceneaux
Taking over Mortgage
12 March 2018 | 7 replies
Subject to, warp, or a lease/option are all ways to "take over a mortgage".
Austin Jones
Austin Jones New Member Introduction
13 March 2018 | 4 replies
This was extremely advantageous as she was willing to negotiate our lease end date.
Terrence Williams
First Apartment Building Deal. Whats you're story?
19 March 2018 | 10 replies
The company we are using is charging us 5% of the monthly gross rents plus a 1/2 month lease up fee when placing new tenants.
John Milius
Rent Increase/Property Manager
13 March 2018 | 7 replies
You are bound to the lease as signed.
AJ Alexander
Newbie from north of Toronto, Ontraio
6 April 2018 | 6 replies
Unlike investors in the US you can not risk getting the wrong tennat since we are not permitted to terminate a tennat lease.
Samantha A.
How do you get multiple mortgages with BRRRR?
16 March 2018 | 15 replies
As long as you have that lease, you are good.
Ramon Vazquez
Balloon Mortgage on MFR
16 March 2018 | 8 replies
It doesn't matter that the rents aren't showing up on you last tax return, they will just take your gross rents from your leases and subtract 25% as a vacancy / maintenance factor and then subtract the new mortgage PITI from the remaining number.