Sergio Aguinaga
How to discover more people living in unit
Hello. If the contract has a max of 2 people per bedroom, and home has 3 rooms, that means that there’s a maximum total of 6 people living in the home . Assuming there are 6 people in the lease agreement already (maxe...
Daniel Cisneros
My tenant began struggling to pay rent what should I do to help?
One of my tenants just gave the notice they began struggling due to loss of job related to COVID and would like the opportunity to make partial payment and a way to repay later.Is there any legal forms or document ava...
Jennifer Dorsey
First multi-family purchase partnering with family
Hi!
I am looking to buy my first multi-family.
I have a sister that would like to invest cash as a silent partner. My mother and I will be splitting the remainder.
Do you have any advice on how to protect all th...
Ken McGrew
Trouble opening bank account for LLC
I was cautioned by an attorney to never sign anything in my personal name related to the LLC but rather to sign: "by (signature), president" I have been unable, however, to open a bank account for the business. So far...
Robert Bodmer
Baltimore City Eviction Question
Hello BP, I currently have a property in Baltimore City where some of the tenants on the lease have left and one is remaining. The tenants that are leaving are claiming it is a toxic situation (Have not claimed domest...
Fred Ashley
Rescuing the Bailout (RE Professional Perspective)
RESCUING THE BAIL-OUT (a RE Professional Perspective)
An opposition to the Emergency Economic Stabilization Act
By Fred Ashley
The Emergency Economic Stabilization Act of 2008, or Bailout Plan is a law authorizing th...
Robin J.
Offering to pay for rehab in exchange for equity in the home
Hey BiggerPockets,For markets that are super competitive and where property owners are reluctant to sell their homes, it's challenging to get these properties at a discounted market value. Property owners are familiar...
Sunny Wu
Tenant wants to break lease 8 months early
I'll keep this short and simple. Tenant signed a lease starting in
November and wants to break their lease on February 15th because they've
purchased a house.
I do not have any lease break clause ...
Manny G.
Lease Option Assignment Help......(Option Consideration)
So Im trying to get my head around this. Lets say I have a LO deal I want to assign. (a cooperative assignment LO)The Seller only wants 1 month rent as a security deposit.The TB has 10k as option consideration.Wouldnt...
Sandy Spence
Tenant refuses to remove dog - quick help please!
We are planning to show our rental unit to an applicant soon and our tenant is saying "no. You can show it after we move." We replied that as it states in our lease terms we can enter the property with 24 hours notice...