TLDR: I'm a buy and hold investor. I have a unit I'm interested in renting out specifically to people looking to do rental arbitrage. What should I included in my lease to make it fair on both ends?Long Version:I have...
I have two units Prop subject to RSO in LA County. The second unit occupied by family just became vacant due to death. The tenant of 1st unit wanted to rent the 2nd unit, filled out the application but I found a bette...
Hello everyone,
I'm evaluating a unique real estate investment with some intriguing yet complex aspects. I'd really appreciate your insights on this.
The property consists of three homes: two legally habitable, an...
I purchased my first rental property and assigned it to my new LLC. The LLC is a single proprietor entity. The property needs a few repairs and money set aside for the current tenants' safety deposits. Is it appropria...
Short version:How some of you identify deposits of payments made by tenants that pay the same rent amount and do not necessarily indicate their names or unit number in the bank deposit slip?Long version:We currently h...
How much can I ask for in a security deposit legally in PA? Can I ask for first and last month's rent on top of that?
My deal (first one):
I have a 3/2 SFR in a good neighborhood, it's a short sale.
My offer was accepted and is currently going through the banks underwriting.
So my question is. There is a tenant in place.
If I keep t...
Hello BP Forum, we are reaching out for opinions and suggestions. We recently closed on an absolute triple net property with a remaining lease term of 11 years (of 15). The lease contract stipulates that the tenant...
Hello all, I had a seller renegotiate these terms in our contract."In the event of an notification of assignment of this contract, the Earnest Money becomes non-refundable and will be immediately released to the selle...
I had a friend show my house for rent, and after receiving an application and speaking with someone on the phone, I agreed to rent to them. I prepared a lease and emailed it. The renter printed it, signed, and sent ...