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We are inheriting tenants in four of the units in our next purchase. I know that we must uphold their leases as long as they are valid. My question is what ability we have to enforce certain “policies” such as requi...
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I have tenant for 6 years with an annual lease renewal. The lease states that owner and leasee must provide a sixty day notice.
About 60 days before the lease expires, I spoke to tenant and the tenant wanted to rene...
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Full disclosure: I am very, very new to all this. I follow the basic rules: buy 1%+ properties, have significant cash reserves, etc. etc. So far I have 2 rentals that have been doing great and are absolute cash cows.
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Hello,
These are troubling times and I can completely empathize with all of those who have lost their income or health. However, I currently have a tenant who has not paid rent prior to this crisis and I believe they...
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Hello guys!!! I have my first tenant moving out at the end of the month. Is there a letter or cleaning list you send to the tenant addressing what would need done before they leave? Thanks again!!!!
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Lessons Learned
Don’t be afraid to make mistakes
In Outliers, Malcolm Gladwell talks about the 10,000 Hour Rule. The principle holds that 10,000 hours of "deliberate practice" are needed to become world-class in an...
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Hello Fellow BPers!So my wife and I just purchased our first property (woo) and started rehabbing the kitchen.It has wallpaper all over, so we are trying to take them off. However, since the house is built in 1947, an...
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Hello all.
This is my first house. I read all the articles here and try to find properties close to it. Is this a good one?
2600 sqft double in buffalo ny
135,000
6 beds 2 bath (3/1 per unit...
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I have a renter who wants to get an outside dog for protection because her boyfriend is going to be working out of town off and on. I'm going to agree to this after meeting the dog and getting a $500 additional depos...
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Does anyone try to time painting to happen days before an open house so that the new paint smell lingers when potential buyers walk through?Maybe it is just me but I love walking into a house and smelling fresh paint....