Dan Vleck
Tenant moving mid-lease
I have a tenant in Minnesota that has given 30-days notice. He informed me on August 8th that he'll be out of the house on Sept 15th because he bought a house. He is in a lease that goes until April 2018. Even if h...
Alin Toncz
Question about Notes
Question is this:Lets say that a homeowner bought his house in 1990 for $200,000 and he kept paying on it until his principal was cut in half, right at $100,000 by January 2015. Since then, the homeowner couldn't affo...
Taylor Campbell
How do I provide assurances to family lenders?
Hi BP peeps! So I am about to start making my rounds to friends and family, to generate gap funding for my first deal. I had mentioned this in a meetup, and someone told me to provide them assurances, one of those bei...
Jonathan Kono
What happens when buyer files for bankruptcy???
Been trying to do some research on this specific topic and I've had no luck finding any answers. If anyone has any information or incite on this i would greatly appreciate the help.What happens to the investment grou...
Meghan Sullivan
Tenant Eviction possibility
Hello all!
So I've been dealing with a tenant that has not paid rent this month. Her rent was due feb 1st and I had her served with a 3 day notice this past Saturday. I just contacted this tenant and asked if she w...
Edward Smith
Taking on a bad tenant
I need your advise BP....Just closed a my first rental property yesterday. 1 hour after I closed on the property the previous owner told me that the current tenant has been late on the last 2 payments. and still owes ...
Tim Allen
Stale Cam Charges on Commercial Building
The owner (or property manager) of large commercial building failed to properly collect CAM charges going back 4 years. The leases typical provide for a yearly reconciliation statement from the Landlord and a re-adju...
Ricardo P.
Tenant vacated unit without proper notice (California)
An inherited Tenant of mine failed to give me a written 30day notice to vacate the property. She was a tenant who was on a month to month lease agreement. She turned over her keys on March 5. On top of that She is req...
Patricia Vildozo
Moratorium extension in Wa and tenant says has no money or plan
Hello community,A while ago I decided to rent my primary home located in Wa, and rent another house in a better school district. I divided that house into two units; the main house ( unit 1) and a separate entry bedro...
Wendy Brown
Legal Advice Needed: One member of the lease gave 30 day notice after 13 months... remaining tenant moved out owing rent.
18 months ago I rented to an unmarried semi-retired couple. They both signed the one year lease. 13 months into the lease he needs to move out of state to care for his elderly Mother. He gives a 30 day notice and tell...