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I am trying to help a friend who is a landlord. My friend is owed 8k in rents, his tenants always pay late, pay half, or don’t pay at all. They’re very behind and over the last two years he is owed around 8k. They are...
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A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...
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Just closed on my first duplex in Fairview, OR. Both units are occupied and on month to month leases. I would like to keep both tenants in place. One recently adopted a pitbull without notifying the previous owners. I...
I have a tenant who hasn't paid her rent for several months. She is on an 8-month lease. Originally in the lease, it stated that she would put the utilities in her name and pay, however, she asked if she could reimb...
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Hey guys!How many of you do month to month leases, verses one year leases? (Renting)Can you elaborate, and explain why you favor the one you do? :) Thanks!!!
I have a lease until July 2019. Late March 2019 upstairs caught on fire. Aftermath we moved out of the house until early August. At that time the landlord turned the electricity back on and told us to call PG&E to...
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After reading through these forums I've realized that the difference between how people approach real estate is Day and night. I'm in NY, more specifically NYC, and see advice given that is down right shocking on how ...
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Hey All,The title pretty much sums it up but out of 13 SFH, about half the tenants have gone to month-to-month leases because they want to buy at some point in the near future. It seems like a purchasing frenzy is re...
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Hello All,I currently own an apartment building in which has four units. Unfortunately the building has one water meter and line which provides free water to the tenants. I had new tenants move in and I believe they a...
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I just closed on my first multi unit 2 days ago. One of my tenant just told me that he is unemployed. This tenant was currently on a month to month lease, but the seller showed up to the closing without a lease or a d...