Michael Bacile
Made my first move in REI
Hello again BP, I just recently found that the foreclosure I’ve been watching dropped into my price range. I contacted my “stand by” realtor to take my first steps. Through my local bank I sat down with the lender and...
Patrick Pfohl
Early Termination Of Lease
Situation...I'm a tenant. My lease was up in 4/31, but my fiancee was looking for a new job(Teacher) Our relationship has been good with the landlord over the 2 1/2 years here. I help with things, the elderly tenants ...
Austin Barton
Buying Property with Existing Tenant - New Lease?
I am about to close on a property where the tenant has an active lease with the former owner until August. Do I need to get the tenant to sign a new lease with me as soon as I close? Or just honor the current lease?I ...
Derrick Lloyd
AirBnb private room and HOA rules
Hi,I live in a 2bd/2ba condo an currently rent a room to a friend. I found out that he will be moving out in a couple months, so I am exploring different options of what to do for the second room.One of the potential...
Luke Harris
Inherited tenants without a clear lease
I recently purchased my first 4 plex and there are 4 tenants currently living there. Two of the tenants are problematic, however the previous owner signed leases while were in escrow, and at a rate well below market(...
Rob Myers
Notification requirements regarding non renewal of lease
I picked up a duplex a couple months ago and inherited two sets of tenants that can't seem to get along. The relationship is turning into a Jerry Springer show with some very immature behavior. I may be choosing to ...
Jordan J.
I'm a HUD O/O that needs to move...
Hey everyone, this is my first post.This is such an awesome community of knowledge here, I'm super thankful for it! I've searched the forum far and wide to try and find an answer, and while there's many threads about ...
Jose Wu
Is Pecan Valley in San Antonio a decent area to invest? zipcode 78222
It seems like SFR properties there can easily cashflow day 1 with more than 6%... COC yield.I'd appreciate if anyone has experience in San Antonio willing to provide inputs on a new build purchase of $215K 4/2 in that...
Wade Garrett
Seller Not Providing Leases
My offer was accepted on a property 6 weeks ago, been out of attorney review for 5 weeks and the seller still has not provided current leases. I have spoken to all of the tenants, and they have told me what they pay. ...
Account Closed
Private Lending Basics
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...