Jerry Cossack
Renters planning to sublease
I have 2 prospective tenants (a couple) who would like to sign a 2-year lease with the option to eventually sublease. They are planning on being in the apartment for the next year, then moving for a job for ~9 months...
Murali Jesudoss
STR company leases for LTR rentals - Scam or real?
Hi BPers,I have been reasonably good with rentals in Ocala. I have 4 properties listed for rent in the area where I got 3rd call from a STR company who would like to lease my homes like a 12 month lease, but they woul...
Solomon Tubbs
Corporate Credit Scam?
Hey guys!
I met someone recently who says that she lets others use her companies line of credit in exchange for cash. For example, she said that if someone pays her 10K she would absorb your company into hers and allo...
Sam Liu
Occupied REO in SF
Has anyone here dealt with occupied REOs in San Francisco? I'm curious about how challenging it is to take ownership of these properties given the city's tenant-friendly policies. Any insights or experiences would be ...
Dennis Tierney
"Free" house thrown into deal
So I'm not sure how this is going to turn out but we have a property under contract to close at the end of the month that is a 10 unit and an 8 unit a block from each other in a small town (3,400) and the seller was s...
Account Closed
Detroit HUD's
I wanted to post in regard to the HUD homes in Detroit. Typically I have found that majority of Government owned homes are in better conditions. That being said it is a bidding process, highest bidder wins. What is co...
Ryan Judah
Newly approved tenants but one cannot make the lease signing
We just approved new tenants and are looking to do the lease signing next week but I was told that one of them just left today for a month. Do we adjust the lease to only have the one present and then add the other a...
Alon A.
Zillow message sub leasing
Hey I got message from Zillow for 2nd like that Hello,My name is Mimi. I am inquiring regarding a corporate lease for my client. My client's company provides short term stays to traveling professionals. My client is i...
Jonathan Fredholm
Land Development Deal
Hello all,I have recently come into some land and after some research, have found that the land is in a MDR (medium density residential) zone. Allowing for a 6 unit building to be built in place of the existing single...
Andrea Gayle-Bennett
Section 8
Hi Everyone. I have a 3 family house in Massachusetts and am considering Section 8 renters. I am looking for your advise. What are the pros and cons? Thanks.