I have a set of tenants, 2 ladies who are friends, both names are on the lease. One of the tenants called, and would like to move out far before their lease is up, May2015. The other lady will not have the income to...
Hi all,I am new to real estate and more than excited. I understand it's not a get-rich-quick- scheme. I understand it takes a lot of hard work and persistence. I have already spent tens of hours reading, listening to ...
Hi
Could someone help me the following - As a passive investor, how does one claim the depreciation/losses from the investment property? For example - if expenses are more than profits and you have a net loss, could ...
What is the penalty for breaking a city ordinance for housing/zoning. For example, if you have a lot/home zoned as a Single Family Residence, yet the home is large enough and can be used to rent out to two different p...
I have two tenants (roomates) who need to break lease. One has work relocation and the other is a college student that has job internship. I have no doubt they have legitimate reasons.
Lease is one year and t...
Tenant signed 1 year lease in January at $975 a month and now wants to break lease to buy a house. What are my options. Say no and force to honor, until rented? Then I have a January vacancy in a small town.Let out an...
Investment Info:
Condo buy & hold investment.
Purchase price: $17,200
Sale price: $30,000
we purchase this deal using seller financing sales price $17,200 $8,000 down $400 per month zero interes...
Hello, All:I need your help/advice on the situation as below:I have small office building. I entered into a lease agreement with Dentist for 7 years (with 5 months free rent). Before lease signs, we were communicat...
Hey guys,
I just got notice from my tenant today that he wants to break the lease for two properties that he's currently renting out. The lease does not expire till 9/30/2014 and 1/31/2015 respectively. I went throug...
My Current tenant just Renewed her lease on May 1st . She signed a 6 month lease and paid rent for the Month of May. However she now wants to break the lease because she claim she has lost her job. She plans on moving...