Hey BP! I need help structuring this deal and the owner contract. There are some items I don't know how to approach. The seller's situation: She is an elderly woman who's daughter is helping sell. Daughter is POA. Se...
My tenant passed away in hospital 8/20/21. The condo is for seniors only. The daughter is not a senior. I called the tenant see why rent was late and tenants daughter answered. She informed me tenant died but she did...
Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...
My tenants, a married couple with their teenage son, is renting my 2 bed, 2 bath condo for almost a year now. Rent is always paid on time and I have no issues with them. They did tell me in advance that their daughter...
Background information. There is a very much vacant property in my town that no one has been to in years. I looked up the owner it seems as if it's a little complicated. Man and woman own it, however the woman pass...
Hello. We own 2 condos in Texas: 1) one under my daughters name "PROP 1" and 2) another under my wife´s and my name "PROP 2". I just incorporated a single member LLC in Texas to house real estate investments. In sh...
Hi BP Community!! This will be my first post/question on BP, but I have been following and studying Bigger Pockets for a while. I really appreciate the BP community and all of the wizdom that is shared!I am about to p...
Hello all,I was driving for dollars and saw a FSBO sign. Called the owner and talked to the daughter. Long story short, the owner is in the nursing home. According to the daughter, the nursing home has some sort of ri...
Hello everyone--I bought a house in Virginia in cash jointly with my son 5 years ago. He lived in it for 3 years while attending college, and now I am considering transferring it into an LLC. The property has apprec...
This elderly tenant signed the lease for one year. Paid first and last month rent. Started to move some boxes and light furniture in the next 2 days. On the 3'rd day, I received a phone call from her daughter who rep...