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Hi everyone,We are looking for some legal advise.My partner and I have a duplex currently fully rented and is collecting income. The title is under my partner's name and he also assume the entire loan. I pretty much...
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Hello BP community!Tomorrow I am slated to close on a duplex, and I will inherit tenants. The seller has stated they do not have any paper leases, as everything is verbal. The tenants are long-term (about 10+ years)...
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Should I have a penalty if the property manager doesn't fill vacancies? If so, how would it work? Should I withhold the management fee if a unit stays vacant for 2 months, etc?
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I have a general question & I'll be grateful if someone could answer it or give me more information. After receiving the writ of possession in Georgia, is it mandatory for the sheriff to come out ? If so what's th...
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I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
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Does anyone have any experience allowing tenants to have snakes or geckos as pets?
I have a tenant applying to live at one of my properties with a snake and a gecko. I allow pets, but typically my tenants have cats ...
Hi thereI'm hoping to tap into the collective wisdom here to help me solve a title issue. I've purchased 4 Homes all in Columbus. One has closed and title hasn't been taken properly.. The others seems like they will b...
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Hi Biggerpockets community! Happy Holidays!
I am a first time home buyer and am currently conducting inspections for the property but found that the property has a gas leak.
Question: Should I be worried that there...
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Hello,
I have placed an offer for my 4 plex which has been accepted. I am excited!!!! The property has 4 families which are long term renters. 3 families have not kept props very well. Seller also does not have prope...
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Hello everyone,long time patron, first time posting. I have a question regarding a building I’m currently house hacking .
I live in a 3 unit in the bronzeville area with an unfinished basement that I want to convert...