Dennis Po
First month's rent - question just in case/ contingency
Thinking about renting out house to prospective tenant who wouldn't be able to move in til Dec. They are willing to sign lease, provide first month's rent and security deposit in November and have lease begin Dec 1. I...
Omar Lee
Are landlords powerless with respect to lease assignments
Is anyone familiar with the "in and outs" of lease assignments? Especially with the respect to what the landlord can and can't allow. I read a landlord must be reasonable in allowing the tenant the ability to assign t...
Eric Gomez
Underground tank removal - under DABO
Hi everyone have a 2 family under attorney review in Bayonne, NJ. During review attorney passed along that a there's a decommissioned underground oil tank, I saw reports/permits from state of that. I asked my attorney...
Pete T.
Be careful
BP is a great site w/ lots of information and resources out there. However, no matter how great of a job everyone does here, there will always be those looking to take advantage of others. I am not going to say if i...
Andy K
Should we file for "motion in limine" during eviction ?
Hi all,We had to recently file for an eviction of a tenant in Southern CA. When the unlawful detainer was served to the tenants, they responded back to the court saying that the unit had habitability issues. This seem...
Drew Bledsoe
Seller failed to disclose
I recently bought a condo with the intention to rent out but after closing we found out that the HOA doesn’t allow rentals. Our realtor knew our intention to rent it out and said we’d be able to. Is there any action I...
Charles D. Smith
Due Diligence: Verify and Validate Operating Expenses
In today’s environment where prices are high and achieving targeted returns has become increasingly more difficult, every dollar saved is important. Investors should put a heavy emphasis on understanding all opera...
Jennifer T.
Airbnb hosts - recent influx of suspicious booking requests??
I'm an Airbnb host in a major city (Philly) and ever since the covid lockdown started, I've gotten a lot of booking requests that are really weird because they all have the same red flags in common. My property manage...
Kruti Shah
short sale
We bought a short sale property and are in escrow - 7 days away from closing. The sellers are asking for $1500 to move out else they will void the deal - can the sellers do that? Buyers in escrow are not at all protec...
Joseph Eiwuley
Contractor contract request
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...