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My tenant wants to leave 1 month early and agreed to pay the last month's rent in full. Can I create a new lease with the new tenant while current lease is still valid ? If the property is rented, he asked to provide ...
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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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Hello Everyone, Just out of curiosity of how the rest of the industry is operating; Do most wholesalers actually tell the seller that most of the time they will not be the person who actually purchases the house? I wo...
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I have a triplex in San Antonio, TX that is managed by a PM. There are still a few month left until the PM agreement ends, but I am pretty unhappy with their services and would like to get a new PM before that time. T...
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Howdy folks,We rented out a unit to a tenant this past September and fast forward 2 months later, the tenant has indicated the rent is too high and has decided to move out. I'm waiting to find out when they will be m...
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I've been in the real estate game long enough to know that understanding investors' objectives is like receiving a treasure map to profitable deals. Every investor has different motivations, whether it's wealth creati...
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I am in New York State.I have a one year written lease with the tenant which will end on Oct 31, 2015. Rent was paid on time before. Usually I sent a message or a phone call to confirm the rent collection date. Howeve...
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Hey Guys I am a rookie investor (Still have not purchased my first investment property.) I have had some issues calculating ROIs. I am in the Los Angeles area however I have been looking into investing in the Memphis ...
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Hey everyone! I'm new to BP and wanted to get opinions from other landlords or PM's that have dealt with this type of situation. I have a tenant who signed a 2 year lease in March 2019. They just informed me that they...
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Hello everyone!As of right now, I'm just beginning my journey into real estate. I'm currently a college student with another year and a half to go, and I'm studying finance. Really thinking that becoming a landlord is...