Daniel Ventura
First time buyer/VA LOAN
Hi Everyone! My girlfriend and I are located in Crestview, FL and currently renting out. Our lease isn't up until May 2022. We have decided on our first investment being a multifamily home and househacking it. But I'm...
Cindy West
Rental Property Owner dies, current lease terms honored
I currently manage a rental property in Alabama, the property owner has died and I currently have a lease in place. I know that the lease runs with the property and I have to honor the lease term arrangements; however...
Deon Wynia
Does a purchase agreement expire after a certain length of time on a short sale?
I have a purchase agreement with some homeowners in a short sale situation. There were 2 banks involved and the big national bank tried to foreclose but didn't know about the other local bank that was going to fig...
Linda Thomas
how do you handle Rent increases
Good afternoon everyone,
Looking for feedback on how you all handle rent increases. Do you just send the tenant a letter notifying them of the increase without having to agree or sign anything or have them sign a let...
Takeo Kingi
How did you present a rent increase
Hey guys,I’m about 3 months away from having to renew my renters lease. I know this is an odd time, so two questions. First what’s your thought on increasing your rent during this time (my tenant is in the medical fie...
Ryan Still
co-op studio with proprietary lease expiration 2037
I won the bidding war but my real estate attorney just found out this co-op unit has a proprietary lease expiration date in 2037. They did not suggest that I move forward if expiration date within a 30yr window.What s...
Dilthon Ramos
Submitted an offer. Still waiting...
Hello everyone,I know there isn't a specific amount of time from when an offer is placed on a property to when the seller counters/accepts/rejects the offer. However, I did want to know how much time is too long after...
Steven Williams
Statute of Limitations Expired on a Second Mortgage in California
Hello BP Family,I'm trying to close on a deal in Fairfield California before the primary mortgage holder forecloses on the property sometime next month. I'm able to offer about $25k more than the payoff from the prima...
Kareem C Micheli
When to ask a tenant about a new Lease
Thank you all in advance, I have a question about how soon I should ask my current tenant if they are going to want to sign a new lease? Their current lease is up at the end of June. I live in a seasonal town and new ...
Reya Ripet
Renewing a lease (doing it myself)
Hi,
My tenants notified me they would like to extend the lease. Their lease expires in February. I'm thinking about doing this myself this time to save money, but I've never done this and feel unsure.I used a real e...