Hi everyone,I am soon closing on my first duplex in New Jersey, which I will be house hacking. One of the units includes a tenant, whose lease ends on March 31st. After the tenant's lease is up, I plan on moving int...
Hello, I am in the process of buying an 8 plex. Out of 8 units, only one lease has been signed within the last year. It looks like they are all expired except there is an auto renewal clause, but it has no terms.It st...
My wife and I recently bought a three-flat that we live in. We inherited one lease for one unit while being able to remodel and rent out the other unit. The unit above us is a two bedroom one bath where the current te...
What do you all think of having the renewal option in a lease and having the increase in rent already priced? Do you have a renewal option? Do you set rent increases or wait till the year is up?
I own an investment property (condo), in Ohio. The association has always carried flood insurance. I've found that they decided not to renew the flood insurance. This is without notice or a vote from the condo owners....
I live in NY and going to need to get my license renewed for the first time but I'm not working under a broker, will there be a problem renewing once I complete the continuing ed classes?
I am finishing up my first year as a landlord. My question is this. I rented to three people on the lease. One of them is leaving and another person is replacing that tenant. Do I need to draw up a whole new lease?...
I have a 3 bedroom in which I am writing up a renewal for year number 2, but the current tenants are removing one tenant, and adding a new one. Do I need to draw up a brand new lease, or can I have the new tenant sign...
I have a 4 plex and one of my tenants are up on their lease. I am planning to increase the rent when the lease is over. How do I proceed with this. Do I sign a addendum with the new rent increase without giving a 45 d...
Hi guysI need some help, I just bought a new SF and the backyard is all old concrete (49ft x 40ft)I want to sell the house but I want to fix the backyard so I will be able to get top price for my house. So I thought a...