Greg Dowdell
Inherited Tenants and Month to Month
Happy Monday BP,I purchased a 3 family last August in Westerly Rhode Island which I inherited 2 tenants off of. Each of the leases that I took over have been fulfilled and have moved to month to month. I would like to...
Luke Coale
Your favorite lease clause
Hey guys what are some of the clauses that you find extremely useful to have in your leases?
EDWARD M.
Signed Contract taking other offer
The sellers and I signed the sales contract agreeing on a sales price for a property 2 days ago. The seller's agent called my agent and told him he got a higher offer. Can he drop out contract and take the higher offe...
Lynn Tran
Closing 7/21 HELP: Year-to-Year to Month-to-Month?
NEED HELP with this 4plex I’m in contract with and the last couple days of inspection period so I’m needing advice ASAP as I don’t have a lawyer for this situation to advise at this time. Sorry for the long post but I...
Chris Kinder
Buying an NPN with equity at the property level
Hello everyone,
I am going under contract to buy a non-performing note on an apartment bldg in New York City. The outstanding note balance is $235k and the accepted price with the note holder is $200k (84 cents on th...
Sam Leon
Tenant Estoppel Letters getting more complicated?
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Amber Gonion
St. Paul follows Minneapolis lead in limiting landlord rights
A little heads up from our local realtor association “The City Council on June 3 postponed a public hearing and vote on the SAFE Housing Tenant Protections, which would mandate several measures meant to protect tenant...
Finn Valjean III
Know when to hold em, know when to fold em?
First Deal Blunder incoming! Let me know what you’re thoughts are and if this passes your sniff test.I always feel like this timeline sounds like complaining and finger pointing. I’m a marine vet with ptsd who takes e...
Joe Smith
Tax deed auction questions
Want to be sure I'm reading this correctly. A tax deed auction I'll be participating in has the following statement regarding a redemption period:
<to the auction...>>
If I'm reading that correctly, there i...
Jennifer Van vlymen
Tenant issues some advice
Just bought a four Plex in Las Vegas all speaking Spanish tenants except for one ( not that that matters ) but apparently they’re trying to push the boundaries because we are new owners about paying their rent on time...