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My wife and I are taking a 4-6 month trip to Europe and Asia this Fall. We already found a short term tenet willing to sign a 3 month lease with an option for a 4th month. The rent covers PITI and utilities with a lit...
I just rented out a home to a family of 4. The unit has a sort of basement apartment, but it’s all one unit and can’t be rented as a second unit, but the whole house has legal occupancy limit of 8. Upon signing lease ...
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48 hours after this boyfriend and girlfriend move in I get a message from the guy that the girl punched him in his eye and he is scared to live there and wants off the lease. I told him I would need all parties that...
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The lead in the water in Newark has caused an uproar throughout the city. Fortunately, government officials have found a resolution in the form of a $120 million bond. This bond is enough to cover the cost to replace ...
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How do you close on a sandwich lease option without screwing up your option with the buyer. To make that question more clear, how do you close on a deal like this without the buyer finding out that he/she will be sub ...
This is my first rental home. The last tenants of the property had to leave after there lease was up. But long story short they had 3 storage buildings on property which I allowed. 2 of which were repossessed before t...
I'm currently working with a realtor on a property that I'm planing on wholesaling and wanted to get opinions and advice on how I should proceed. I've done my research on how one can work with a realtor but since this...
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Hey BP Community,
Long time listener, first time forum question. I am using a home buying assistance program that requires me to owner occupy my purchase for below market rates (around 3% interest with $0 down). The...
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A few weeks away from closing on a multi family house and I have a few questions:My agent told me they are doing a virtual appraisal.. Is this good or bad?Just found out the tenant is on disability. Her mother also ju...
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Is it a bad idea to let a friend stay in a house that is newly renovated until there is a tenant? She seems reliable and has minimal furnishings. I would show the house almost everyday to prospective tenants. This ...