James Sun
GA - Tenant Broke Lease and Left Without Paying Rent
Tenant informed me on the 2nd that he would be breaking his lease this month and leaving on the 8th. He also mentioned he would pay Feb. rent at a later date. He sent me a text on the 9th that he moved out and left ...
Mark Hu
Any input on renting to hispanic tenants?
We may be purchasing a building which houses hispanic tenants. We have never done this before.
Besides the language barrier, are there other issues? For example, how would you deal with leases to tenants who can't rea...
Harsh Singh
Tenant in default in Texas
Hello,So this has never happened to me before. My tenant defaulted on the rent and vacated the property. He stated that he has left the key in the home but I am unaware of the condition that he left it in at this poin...
Robert Jenkins
Differed sales Trust (1031)
I was wondering if anyone is familiar with the Differed Sales Trust (DST) which is a "legal" substitute for the like kind 1031 exchange.
Where you can exchange from real estate into some sort of "annuity" but you can...
Account Closed
Unlicensed wholesale Ohio
Are there any unlicensed realtors/brokers in Ohio doing wholesale deals?I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our ...
Mike Biewer
Early Termination of Fixed Term Tenancy: Portland, OR
Hi there, I've been a part of BP for about 6 months now and this is my first post. The hosts always say to post questions and you'll get answers. So here we go!I have a rental house that a lovely young couple moved in...
Dan Nad
How much to cancel store lease
How much would it cost a retailer to cancel $100M of lease obligations with a length of 0-5 years? These leases are usually about 1000 sqft in malls and some on streets. I've tried to look at public companies but typi...
Lolita Ellis
Soon to be partner in BK any risks on my end?
Hey BP Fam,
I have been pondering for several months on this so I decided to reach out to you and ask of you opinions. As they are always helpful and make us exercise our critical thinking skills! I am thinki...
Elizabeth Beard
Wholesale AND Retail
I’ve already formed my LLC for wholesaling and closed my first deal last month. However, I just passed my real estate exam and I’m going to affiliate with a broker who understands that I’m focused on investing. Since ...
Account Closed
No grace period for rent payment?
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?