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Good morning all,
I need some help with a question please. I sent my tenant the rent increase letter with the two options, accept the rent increase and renew for one year or vacate by such and such date. The letter w...
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Below are the highlights of the California Statewide Rent Caps (AB 1482).-Annual rent increases limited to CPI + 5% or 10% (whichever is lower)...effective 1/1/2020.
-Does not supersede existing rent control laws/ten...
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For large multifamily properties, if your strategy is to rehab, increase rents and refi, how do you handle this with for example 85% occupancy? Do you increase rents immediately, expecting current tenants to leave? Is...
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Hi all, hope all is well.Tenants of 3 years sent text message notification that they were leaving in 3 weeks (breaking lease early by 8 months).4 days before their move out date , they call and say their home purchase...
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Not sure what to do here, I have a new property manager relationship for a duplex. One side has been listed for about 2 1/2 months, I keep being told that it’s getting “great activity”, “wont last long” and will be re...
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Hi guys! I am new to the forum. I currently have a tenant whose lease is up at Aug 31. I reached out a couple of months ago if he was going to extend the lease another year. He sounded likely. I recently reached back ...
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Hi everyone. I'm looking for advice. I'm renting a 3 bdrm-1 and 1/2 bath rowhome to a tenant family of four adults who are habitually late with their rent payment each month. The tenants are reasonably clean, so no is...
I’m an upcoming real estate investor. I’m starting with wholesaling. How exactly does a inspection contingency work in Ohio? Am I the inspector or do I have to pay an inspector to look through the property before I ca...
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I ha ve a retail tenant that wants to leave 4 months into her 3 yr lease. I agreed to terminate her lease and return her prorated amount of her security deposit. Considering she has not paid for 7 weeks. Can I draw up...
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Hello all. I am interested in how you deal with a month to month tenant when buying a property. If the rent is low and you want to raise it, how do you approach this?
If it is a family and you are interested in tr...