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Hello, First post here - When looking at an up-and-coming area with many 'new builds' and expanding school districts, do you feel that buying and renting older homes is more challenging than finding a well-established...
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My husband and I are dipping our toes into rental real estate by renting out the family home that we've been in for over 22 years.We own the home outright. With 22 years of appreciation, we would be just under the li...
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we are moving into a friends house and renting. they are moving to utah and said if we wanted to we can do a lease option to buy. How would i go about doing this? we have already signed a 1 yr lease and move in at th...
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So there's a situation where a tenant has occupied the property for at least 10 years with no contract. Owner is looking to establish a contract without creating issues. How can one go about doing this? What steps are...
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Hello, I recently built a home with a segregated portion that I am about to rent out (July 1). I am looking feedback on my strategy. Do I need to find a RE attorney and CPA for this, or is it fairly straight forward? ...
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Hello all,I purchased a commercial property back in November 2021. The lease is about to expire. Does anyone have a legal commercial lease for a market/deli or know a good place to get one? They do sell beer to go but...
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Hello everyone,We have a few questions as we get started seeing up our first rental property.1. Is it common practice to have the renter pay for the background check?2. Should we collect a security deposit and first/l...
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A situation has recently come to my attention regarding a potential eviction in a mobile home park. I understand that a 30 day notice is required in Michigan for evicting someone. Is this true for all situations warra...
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Hey everyone!I recently fired my property management company. I will be self-managing. Do I need to issue an addendum to the lease and change all the emergency contact info for repair, how to pay rent, etc. Tenants a...
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Hey all,
I have this tenant in a commercial building who is due for a renewal, sent him the lease on the 1st of this month, start date was for Dec 1st. We've emailed multiple times, and have talked in person. Every t...