Daniella Niece
Security deposit, surrender of property and lease end date
Hey all,Looking for all input. I recently had a turnover where one tenant left & a new one signed on. The tenant (TT) that left had three dogs. They were the first tenant to live in the property since I bought it ...
Charles Simon McEntee
Which one would you choose?
Is it better to buy a property with tenants already inplaced by the previous owner or find a property to use the BRRR strategy? I understand that with tenants, I should take into account the cost of rehab once the ten...
Jonathon Nila
Seller does not lease agreements just verbal?
What’s up BP I’m currently under contract for my very first house hacking two homes on one lot. One issue though. The seller is stating according to my agent that they have no lease agreements for his tenants and just...
Keith Washington
Investor's Special: Wholesale Deal
Investment Info:
Single-family residence wholesale investment in San Diego.
Purchase price: $417,000
Cash invested: $1,000
Sale price: $575,000
3/2, 1400 square feet in San Diego California. Tech...
Luis Fernandez
Obtaining Up-to-date Rent Information of Existing Tenants
I'm in escrow for a 12 unit building. Its been in escrow for a couple of months now. When I get a confirmed date to close, how do I go about getting all the correct and up-to-date information of the units that are vac...
Haneen Muthana
How to get rid of POF/ EMD when wholesaling a property?
I’m new to wholesaling and I’ve found a few properties, but they require a Proof of Funds or a Earnest money deposit. I wanted to know how can I avoid those when trying to wholesale a property, because I’m not the dir...
Steve Fey
Tenant’s that have signed lease extensions, but no original lease
I just purchased my first triplex. The tenant on the 2nd floor has been there for 15 years. She signed a lease extension with the previous owner that guarantees her occupancy for the next 2 years at a fixed rent level...
Brett M.
Damage to rental property countertop
About a year into my tenant living at my rental house they told me the laminate countertop received a burn hole through it about the size of a quarter. The tenant just put duct tape over it so no water could soak into...
Ben Wenger
How should i handle inheriting tenants
I just went under agreement on a duplex, but it comes with tenants in both sides. This is the first time ive inherited tenants and wondered what everyones process is with new tenants. They both have leases that ende...
Chris Welch
Furnishing Student Rental with IKEA Furniture
It's a prerequisite in my area (Binghamton, NY) to furnish student rentals. I'm competing with two different groups: New apartment buildings with top rents and new commercial furniture and older properties with 40%...