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I've got a rental unit in San Diego, CA with great tenants who are approaching the end of their current lease. They have told me that they are interested in renewing the lease, and I'm happy to have them stay.I am pre...
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I'm closing in on a wholesale deal that I might get signed. I started thinking ahead and had a question. How do I revise the purchase price in a Purchase and Sale Agreement?For example, if I get an Agreement signed, t...
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Hi All!Just closed on a three family with existing tenants on a lease. I have a few questions on how to go about communicating expectations we have as the new landlord.First, how would you communicate expectations and...
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Hello. I am inheriting a couple of tenants on welfare in this 4-plex I have under contract. Any advice on how to deal with them. I suppose if they have been paying rent to the previous owner then they should be ok....
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How does this even work? Do i have to honor the old lease until it is up for renewal? Can I immediately change rules/rents? What is the process for taking over the old lease? Changing billing on utilities, etc?Mos...
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I've been cold calling banks to buy their REO properties for a fix and flip before they go to market. One of the banks brought me a deal but it's one I'm not interested in flipping.I have my RE license and was wonderi...
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I'm a Canadian in Alberta and am just starting to get into some Brrrr investing. I was going to purchase some of the Lease Agreement Packages but I see its only for the States. I have no problem with that except I was...
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I would love for someone to direct me to a resource (or answer my question directly here) to find out if I am within my legal parameters to add late fees if tenants do not pay rent on time. Quick background: My mom an...
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I am hoping someone has some experience with this. I recently went through the eviction process for a tenant in Florida. The Judge ordered them to vacate the property NLT March 31 and required they deposit rent owed...
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When looking into investing in rental properties, I have been reading about tenant screening processes to make sure you get the desired tenants you’re looking for. However, if you are wanting to purchase a multi famil...