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My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
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Looking at a REO property and normally I am used to having to write up a FARBAR AS-IS contract plus a bunch of bank addendums that basically nullify 90% of what's said in the FARBAR contract.
But this time th...
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I am looking to fill my first rental! I have a potential tenant that has been self-employed for the past few years. She claims $4,000 monthly income. How would I verify that? Am I allowed to ask for tax returns, bank ...
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My husband and I are on the middle of a purchase right now of a triplex with existing renters. The rents for this property are much lower than that of comparables and we would like to increase the rents to bring it ba...
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My girlfriend and I visited Kansas City last month and have been on the hunt for potential properties in the area. I've been in negotiation with an owner of a C-class duplex in Independance. We finally settled on a pr...
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One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
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Hello BP!As I'm still getting more into things I'm starting to look at properties and ask myself (why hasn't someone already scooped this up?). With that said I wanted to run one such deal by the community for furthe...
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Hello, My question is regarding breaking a lease in California and tenant rights. Situation :Tenant breaks a lease 3 months early. Tenant lived there one year, renewed the lease for a second, but then closed on a hous...
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I am going through all of the landlord paperwork that comes with The Book on Rental Property Investing provided by biggerpockets and one of the clauses in the sample lease looks like this:"
a.AMOUNT: The rent for th...