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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...
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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...
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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...
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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....
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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?
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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...
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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...
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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...