I am interested in purchasing a property that has an active lease in place. Am I required to follow inherited lease? Am I able to get my preferred lease in place? Any other options to consider? Thanks BP
Owning a property out of state makes it difficult to source prospective tenants during times of turnover, and therefore, I often employ the use of a RE agent to source tenants. When my current tenants executed a ...
Last year I had about $60k in legal fees, which I classified as a business expense. Should I have capitalized the $60k (or a part of the $60k)? I sold the land related to the legal-fees/lawsuit and am now going to hav...
Will the new tax lien auction changes taking place in 2020 affect properties listed as sold to the state prior to 2020?
Hi, this is something that I can't seem to find much information on, and perhaps someone here can help.If you buy a rental property with current tenants under active lease, can you as new owner break/amend the lease a...
Purchasing a duplex with tenants with a lease ending March 30th. They've asked for extra time to find another rental. My realtor has added an amendment to the agreement that requires the seller to provide 60 days noti...
Hello, I have a house under contract and trying to get it marketed by a wholeseller. the wholeseller sent me an assignment agreement that gives him the right to cancel the agreement withinf 3 days but it does not say ...
Hi Bigger Pockets,My tenants are a couple that just split up. The girl has moved out and wants her name off the lease. She is OK not getting back any security deposit. The guy does not want to take her name off the le...
I am currently renting to an organization that has people in the apartment for a year at a time and they asked if I could add internet to the rent price. In your experience would you just add an addendum to the lease ...
Many of the listings I look at have a notation beside
RESTRICTIONS: yes
I'm looking in an area of older HOA's, 30 years and more, old. I have not read any of their ccr's, and though I've asked my agent about them, ...