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Hi everyone, I am purchasing a duplex with existing tenants in it. I would like to move into one unit and rent out the other. Both units are occupied with existing tenants now. I am wondering what are the steps I shou...
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Hello fellow BP members! I have been looking at small multi’s in my area to get a feel for the pricing in my market and see what’s available. I will be going for an owner occupied scenario for my first property (house...
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I bought a duplex a month ago and inherited a tenant on each side. One tenant has paid the rent on time but one tenant is missing in action, unresponsive to phone calls and won't pay. Today is the 7th and still no sig...
Lease states a $25 late fee if not paid by the 5th of the month. Last month a young couple with 2 month old baby paid late. Very late. I was lenient. Why? Because on a hunch I looked at public records and saw that the...
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Hi I am a California tenant living in a rental community of 35 homes.
Our mail is delivered to the managers office where it is put into one locked mailbox. . The manager then gets the mail and sorts it into our in...
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If I purchased a property with tenants that don't have an existing lease agreement with the former owner are they obliged to sign my new lease agreement when I submit it to them? If they don't want to sign what can I ...
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I've tried direct mail for about 2 months now and it really does work. I've sent out a 1000 letters and have been contacted by at least 50 people. The only thing I understand is that you get at least half of the lette...
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I have a few questions regarding buyer/seller contracts at close. To give some background; I bought my rental property in Nov 2012 and on the day of closing did my final walk through of the house, while checking o...
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I tried to search. I apologize in advance if it has already been asking. I let a friend stay in our rental for the last nine month for a discounted rent to get on his feet. He is now not paying rent and we need to evi...
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Hello all,
I am talking to this lady who wants to sell her 2 unit property. One unit is 2/1 and the other is 1/1. The property has 2-1/2 garage and total gross monthly rent is about $1,250.
So, I called the city to ...