Tommy Nguyen
Opinions Needed: Inheriting Tenants
Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
Account Closed
What improvements does the Streamlined 203K cover?
From what I've read online, it covers 'minor kitchen and bath remodels' but not 'major remodeling'. That's pretty broad. Does anyone have any experience or knowledge with more specific details?
Example: let...
Igor S.
Cost of medical office build-out, Knoxville, TN
Hi, I am a physician in Knoxville, TN and was put in charge of finding a large office space for us to purchase (6-10,000 SF). One option is to buy an existing office and gut it and build it out to our needs/ plans. An...
Mark Cruse
Mold Remediation
I moved some tenants in yesterday to find out there’s a mold problem in the kitchen. If it takes a week or two to mitigate do I have to move the tenants out? I’m not sure how the laws work or if there’s some defined s...
Stuart Udis
What language was added to your lease in 2024?
As I am sure is the case with many investors, my residential and commercial leases continue to evolve. Changes to local landlord/tenant laws and new situations involving tenants lead to these annual updates. What chan...
Raphael Vargas
Lease Option Assigning??
Hello,
I'm very familiar with Wholesaling and Assignment of contracts.
With a Lease Purchase, would I simply get the property under a Lease Purchase contract with the owner and assign my rights?
T...
Sam Fong
Tenants need more time to move out after giving 60 day notice to vacate
I purchased my first rental property a few months ago. It is a detached duplex with long term existing tenants. By long I mean the front unit lived there for 13 year, and the back unit lived there for 30 years! Th...
Tom Camarda
Best ways to BRRR with tenants in place?
Considering a 4 plex that need work but has tenants in place. Looking for suggestions on what / how to rehab while leases are active in order to refi out of hard money? Best,Tom
Kurt Plaster
Financing BRRRR property with excess land for development
I’m looking at possibly purchasing a property that can be subdivided into two lots. It is zoned such that I would be able to build a duplex on the excess land in the backyard that I would like to hold as a rental. The...
Chad Michael
Water in the wall, open permits, and inspection before offer
Hello, This is a short sale property where I cannot personally go in and examine the property prior to offering per the comments of the listing. The gable end of the roof is visibly defective and almost non-...