Javier Sanchez
TENANT ISSUE: NEED ADVICE
So per my lease my tenants need to inform me of the intent to continue month-to-month tenancy with 60 days of lease term and within 30 days of lease term for termination. The property has 4 tenants (college students) ...
Nicole Vincent
Boarded-up/off the market property- Florida
I have my eyes set on a duplex 2/1 that appears to have been boarded up for a few years. Is it ever a good decision to buy property in this condition?
What would be the cost associated with gutting out the entire pro...
Herndon Davis
How to Refinance, Repair Vacant Multi-Family
I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...
Brandon McCombs
what requirements to expect to be approved?
Hello,I had a fire in my apt bldg and was under-insured. The original sale price was $239k. I have an existing mortgage on the bldg which has $195k remaining on principal; only about $15k remaining from insurance mone...
Russell Schwartz
Considering A Purchase With Existing Tenants
I have an opportunity to purchase a property with existing tenants who rent on a month-to-month basis. I intend to hold the property as a rental but wanted to do renovations to upgrade the quality of the space (it ne...
Kelly Dunkley
Best Development of 5 acres
A little over 2 years ago, my husband and I moved our family to a small town in central Nebraska. The house we purchased is on a .86-acre lot, but we also purchased the 5 acres behind on yard and have just leased it t...
Heidi M.
Tenants claiming they paid a deposit
I purchased a house with existing tenants. They were also existing when the previous owner purchased the property in foreclosure. I have mine and the previous owners leases that say there was no deposit paid and ...
Kyle Carter
Distressed property valuation
Hello BiggerPockets Community! When it comes to determining the price to pay for a distressed property, how do you determine that? How do you know when you shouldn't pay more than the value for the land? How do you ge...
Tim B.
Landlord termination form month-to-month rental
Any recommendations for a form to use for a TX landlord to terminate a month-to-month agreement? The initial term of the lease expired and the lease now automatically renews on a month-to-month basis. The effective da...
Chris Brall
help building variance approval
Hello investors I bought a single-family home that needed extensive rehab. 3/4 of the way through the rehab the building department red flagged me and started the permit and variance process. I have gone through the s...