Stephen Neto
Yearly Lease vs Month to Month?
I have an inherited tenant whose 1 year lease is ending from previous landlord. Do I have the option now to offer a month to month (tenant at will) lease or do I have to carry the existing 1 year lease terms? (but wi...
Maan Najjar
Self-managing my first STR in Smoky Mountains
Hello all,Few months ago I purchased my first property in the smoky mountains in Pigeon Forge. Initially signed up for property management for few months before I'm mentally prepared to start self-managing. Now I fina...
Ed O.
Section 8 Odd Dilemma
I had a tenant whose 17 year old child was busted at school with a small amount of weed (enough to use, not enough to distribute). I am fairly certain it is the first criminal offense for anyone under the roof of the ...
DaNia Allen
New investor in Los Angeles from Chicago
Hi everyone! I've been lurking around BP on and off for a while now and I've finally decided to write my first post. About 9 months ago I moved to LA from Chicago and I've been loving every minute of it. I've been r...
Delicia M.
Buyer Default on Contract Day of Closing.Can I Keep Down Pymt without Going to Court?
On the day of closing, the buyer decided they want to back out of the contract for no substantiated reason. The buyer wants their $50K downpayment back. My attorney is advising that I take $10K out of the $50K down p...
Jill Tiger
Wholesaling in Ohio - illegal without a license, correct?
I initially signed up for a wholesaling workshop in Ohio, and I did pay money for this real estate investing workshop. I had been reading and listening to wholesale-related info to soak up as much information as possi...
Henry Murray
PM contract question - balance of fees due, is this normal??
So I'm just about to sign a contract with a PM company and noticed a sentence in their terms that says: " IN THE EVENT OF ANY TERMINATION BY THE OWNER, OR EXPIRATION OF THIS AGREEMENT, BROKER SHALL RECEIVE THE BALANCE...
David Robertson
Homeowners held structural information until after inspection was signed...
I have a house under contract that has structural issues. When we were initially signing the contract the homeowner disclosed a Foundation Repair estimate of $9000 dated February 2011, which was used in evaluating th...
Matthew Newcomer
Existing Leases in an Apartment Building
Hey BP community. I'm doing my due diligence on a 9-unit building in Baltimore, MD and one of the items we asked for from the listing agent is the current leases for the tenants living in the building today. He repl...
Matt Nusbaum
Seller Financing Questions
Hi there,
I was listening to one of Sean Terry's podcasts about creating deals from sellers with little to no equity. He gives an example about buying a home worth 100k and the seller owes 98k. He says he will offer ...