Gabriel Meerzo
What would you do? I have a seller who wants to get out of his 4 plex. Willing to do a lease option - I take over his mortgage payments for 2-5 years until I can refi in my name.
Property is worth 80,000 - 90,000Original loan was 100,000 with a property value of 120,000I would be taking over at 82,000 due on loan at 7.5% (just taking over payments on his mortgage as I can't get conventional or...
Account Closed
Pet friendly rentals
I am preparing to open a new construction duplex to the rental market and was wanting to make it pet friendly. I was wondering what tips I can use to protect myself against the costs of any damages incurred and any i...
Todd Bullinger
Serving a pay or quit
After looking through several topics, I'm not sure I was able to answer my question. I'm in the process of serving a pay or quit notice today. My understanding is that in Ohio, there is certain language that must be...
Steven Norris
Colorado Senate Bill 173
Just received this update from the Colorado Association of Realtors and hopefully it is useful information. And if anyone else has any additional information regarding the bill or its impact I would love to learn more...
Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Satha Palani
Emotional support animal - state and federal law
Here is my situation hoping folks on here can help provide thoughts:I own a 3 family home in New Jersey. I occupy 1 unit and advertised the other 2 for rent with a "no pet" policy. Prospective tenant informed me that ...
Steven Seguin
How to do an STR without owning a property?
Hey all! I'm new to the Bigger Pockets forums. About a week ago I attended this seminar for STR's. It was very informative and honestly has me reconsidering strategies. This person, Dave, claims to have 9 units. All o...
Stephen E.
Lease Breaker with vague threats
I currently have a married couple as tenants who are breaking a lease eight months early. I have made them aware that they are liable for rent until the unit is re-rented or the lease term expires, whichever is so...
Alexandria Dobbins
Am I liable for a pipe burst
we currently live in an apartment and we had a pipe burst with our aquatherm system. The pipe is in our ceiling and we live on the fifth floor. Our apartment is saying we are liable for damages because we don't use he...
Powell DiGangi
Tennant wants to have friend move in for longer than 30 days
Dear BPI have a tenant is the only tenant tenant on her lease asking if a friend of hers can move in to the unit temporarily for more than 30 days. The lease says that she must gain owners permission if the guest is ...