Paul Sandhu
How many of your renters have passed away while a tenant?
For me, 5. 3 were long term renters and 2 were short term. I converted the vacant long terms into short terms. 5 out of 1800 people over the course of 8 years. For you actuarians, are those numbers in line with th...
Perri Kallergis
Newbie Investor from Australia Wanting to Setup an LLC for REI
I am from Melbourne, Australia and need to set up an LLC for REI, Buying and Selling real estate in the US. What are the best states to set up an entity with regards to taxes and anonymity? I would prefer to look at ...
Abhilash Joseph
Least amount of time to vacate
Dear BP,After months of stories and email exchanges, my tenant has offered to move by thanksgiving. She has been no-paying since May, due to various reasons. What is the shortest time i can ask her to vacate by? Any a...
Jay Poires
Seller has dementia. How to avoid lawsuit?
I’m in the process of purchasing a property via a wholesaler and we’ve scheduled the closing at a title company I’m familiar with. I was just made aware that the woman selling the house has “dementia” (I don’t know ho...
Nikolas Engel
Option negotiation: Tenant wants rent reduction
Hello all,I am in negotiation with a small business tenant (beauty sector) of a commercial retail property we bought last year. The property has several suites, tenant leases 1,200sf, initial lease term comes to an en...
Bernadeau C.
HELOC on an investment property?
I am looking to secure a HELOC soon and i am planning on doing this on an investment property. i have heard that this is nearly impossible to do as banks will not do a HELOC on an investment property. has anyone been ...
Account Closed
Breaking lease
my tenant is breaking her lease 3 months early because she decided she didn't like the neighbors in the condo and wanted to by a house. She claims she will pay rent until I can find another renter.
At the poi...
Eddie Smith
Providing excellent service to tenants
What do you do to provide excellent customer service to your tenants? I see a lot of discussion here about maximizing profits and adding clauses to leases so that tenants take more responsibility for things, but I'm i...
Randy Duke
Lease option
I have heard a real estate guru claim that you can get way more rent with a lease option that with just a straight rental, also he said you should get a 5-10k non-refundable option deposit.My question is, is that true...
Benjamin Obeng
Buying my first single family home
am a newbie in real estate investing and on BP. I live in New York and we all know how New York market is so am willing to invest in Ohio Columbus area. Any advice and recommendations as a first time home buyer. pleas...