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I closed on a 4plex 6 days ago. At closing I learn one of the tenants is 2 months behind and "playing games" with his rent. Today the former owner took him to landlord court to get him evicted and get a judgement to c...
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Month 2. My inherited tenant is terminating the lease early. Under the existing lease there is a tenant and an occupant. The occupant is willing to take over the lease. I want to terminate/void the old lease and st...
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Hi, I bought a house with a tenant who has a lease with past owner. This is in NJ. As a new owner am I legally obligated to honor the lease and not increase the rent or is the lease not valid anymore because its not b...
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I am meeting with a local broker this week, looking to find out more about what it takes to become a successful real estate agent, and I hope to hang my license up with her real estate company eventually. What, as a t...
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It feels like the only reasonable option is to say yes, (because I'm not going to evict them). So, here are my issues and a response that I'm considering giving them.
Positives:
They always pay the rent on time -...
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Hello,
I hope the subject title got most of your attention, and I especially hope Nick Johnson does read this post. My name is Fadie Hany Areny, as you all remember my old user name was ArenyInvestments and I had scr...
I'm new to Bigger Pockets and I would like to hear from an expert on this one.
I noticed two Triplex for sale and both triplex have tenants living in there. From what I gathered so far they are paying a little below...
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Hi everyone,
My name is David and I purchased my first rental property last month, in the Chicago area. I am out of state and am doing business with a property manager over there. Things have been going smooth with t...
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Good Afternoon BP Traffic,I am posting from San Diego right now. I am a military member with fresh orders to Norfolk. After looking around the area with my Fiance we discovered that the rental rate is very low. (~1.2$...
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A great deal has been said in other forum discussions about the pros and cons of allowing pets. I have newly renovated 1920's home that has freshly sealed hardwood floors. (no carpet at all) I had planned to NOT...