My tenants, a married couple with their teenage son, is renting my 2 bed, 2 bath condo for almost a year now. Rent is always paid on time and I have no issues with them. They did tell me in advance that their daughter...
Background information. There is a very much vacant property in my town that no one has been to in years. I looked up the owner it seems as if it's a little complicated. Man and woman own it, however the woman pass...
Hello. We own 2 condos in Texas: 1) one under my daughters name "PROP 1" and 2) another under my wife´s and my name "PROP 2". I just incorporated a single member LLC in Texas to house real estate investments. In sh...
Hi BP Community!! This will be my first post/question on BP, but I have been following and studying Bigger Pockets for a while. I really appreciate the BP community and all of the wizdom that is shared!I am about to p...
Hello all,I was driving for dollars and saw a FSBO sign. Called the owner and talked to the daughter. Long story short, the owner is in the nursing home. According to the daughter, the nursing home has some sort of ri...
Hello everyone--I bought a house in Virginia in cash jointly with my son 5 years ago. He lived in it for 3 years while attending college, and now I am considering transferring it into an LLC. The property has apprec...
This elderly tenant signed the lease for one year. Paid first and last month rent. Started to move some boxes and light furniture in the next 2 days. On the 3'rd day, I received a phone call from her daughter who rep...
Hi:I just bought a rental property a while back and it is now vacant. My daughter is a college student and she asked me if she could rent a room in the 3 br house and find other students to rent the other two rooms. ...
I recently purchased 3 unit / flat in Burbank IL (Chicago Suburb) and I inherited tenants that are month to month. My town has just changed their laws requiring leases for every rental unit with a yearly $20 permit. I...
Hey BP, I’m in a bit of a situation and I know the route I’m going to take. Just wanted to see other solutions and see what people have done in this situation exactly. I was contacted by a homeowner after I sent out a...