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I inherited tenants in an 8-unit MFH that I recently purchased. I have given most expiring tenants a grace period of 2-3 months since their lease expiration before activating their new lease with a rent increase. I h...
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I just closed on a duplex 2 weeks ago and the long term tenant (10 years) just mailed me his rent check. The prior seller renewed his lease just last month to 1900/month which is about 1k below market. He is elderly a...
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Planning a 1031 exchange of a PA investment property for a Maine investment property. Relinquishing PA property to be sold to my tenant for cash, no mortgage. Tenant has 50% of the money, plans to have remaining 50%...
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Copied this into a new thread because I submitted under the wrong forum.Okay... A good friend at work asked me to help her sell her house. She is the original owner of a little over 20 yrs but has been having issues...
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As you can see in my profile, I am an attorney based in Columbus, OH. I joined Bigger Pockets because I am personally interested in real estate investing, and I also want to learn how I can better serve the needs of m...
One of the questions we’re often asked by property owners is what to do when a tenant stops paying rent. At Bull property management , we’re process-driven, so today we will discuss t how we handle this situation.1)Th...
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If I'm interested in a home that is for sale with a realtor, should I go through them or still contact the owner of the home?Which is the best way to get a good deal?
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I am purchasing a short sale property/small house. We are closing in 10 days but apparently owner didn't get notified that they have to be out soon. They are asking if they can stay for 2 weeks after close and pay me ...
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Greetings! We have been renting our condo to a tenant for the past 8 months, but want to list and sell the condo at the end of the current 12 month lease term instead of renewing the lease. I plan to send notice that ...
My FHA loan foreclosed with a principle of $140,000. The bank auctioned the property stating I owed $153,000. It was sold for $155,000 and I only received $800 in surplus from the trustee after they took their fees of...