Matt Durik
Not renewing lease on a tenant.
Question, There lease isn't up in till the end of April. After giving them notice ( 30days). They don't move out. Will this start the basic eviction process? If so give them more notice so they stop paying rent and st...
Nathan Moore
One Tenant Leaves, While Tenant wants to remain
Recently, I've had a tenant (one of three) contact me that he will be vacating the our rental for another place with his girlfriend. The tenant just signed a lease extension, which will begin in a 15 days.
This is...
Noah Droste
Tenants that Smoke in Non-Smoking Units
We purchased a 12-unit apartment complex in a town with around 4,000 people. This is the cheapest rent in town and the existing tenants were paying between 450-500. We've raised rents 10-12% and are rehabing units tha...
Dennis Adams
Should I rent to an unmarried couple where only one works?
The couple claims to be married and the wife says she's been a SAHM for 10 years but a quick internet search shows them having seperate addresses 2 years ago. I'm concerned that if the kids are hers, they're really n...
John O'Brien
NJ Tenant Removal: Adding Clauses to Contract/Post-Close Options
Hi Everyone,
I’ve recently had an offer accepted on a two-family property in New Jersey with tenants on each floor. The house is much older and in need of some serious repairs. In fact, I’m expecting it to be a full ...
Austin F.
Guidance on my biggest deal yet
Hey BP, looking for a little guidance on the new deal I just signed, mostly in order of operations, and how to handle tenants.Just signed on a 14 unit place, think cabins and a house. One 4 bed house, two 2 bed cabins...
Chris Mcmahan
western montana deal analysis
Hey all, I have an accepted offer on a 19 unit mhp in rural montana and now that SGR im in need of some opinions. This would be my first rental property and first mhp. Current rents bring in 6650/mo and according to...
Rich Weese
wikileaks warns Bank of America
Just on news reports. Wikileaks is at war with B of A and going to release thousands of pages of bad info. Wiki is warning customers to move their money.
1. Anyone worried?
2. Could the info cause a run on bank and p...
Pavan Krishna
Last Month Rent from Security Deposit
Hello my fellow BP-ers, I'm an out-of-state landlord. I'm in Oregon with the property is in the bay area California. Tenants of one of the properties, will be vacating when lease expires (at the end of June). This...
Gordon Olson
Dealing with Tenant Abandoned items in Garages
I live in Minneapolis and am looking to house hack for my 1st property ever! My concern is, if I buy a duplex 1)am I required to allow usage of a garage on one side and 2) in the case a tenant leaves without removing ...