Simeon Hinchman
Coin laundry. Equipment lease for apartment laundry room?
Hey BP community, I am currently finishing renovation on an 18 unit apartment complex in TN. The apartments do not have in unit laundry, but we have added a tenant laundry room to setup 3 coined washer/dryer combo uni...
Shaun C.
First round of Lease Revisions after First Eviction
I purchased a 2 unit duplex (2 bed, 1 bath each) last October. Previous to my purchase/upgrades, rents were $650/$750 split top and bottom including utilities, they are now $905/(N/A). Completed many renovations in th...
Neal Collins
Handling the lease-up of brand new multiplex
We are looking at doing a lease-up of a brand new 12-plex that is still under construction, but with plans for the tenants to be in by mid July. This is project is going to command great rents and is in a desirable pa...
David Djamb
Should I add her fiancé to the lease?
Hello everyone, My tenant has been a responsible tenant for 2 years now. She always paid her rent on time and she is a low-maintenance tenant. She asked me to add her fiancé to the lease.What is my best interest? ...
Account Closed
Tennessee Laws: Terminate Tenant's Lease to Owner Occupy
For the East Tennessee landlords, I'm about to buy a nice off-market duplex Johnson City, TN, but both units are tenant occupied. I want to owner occupy one unit. Not knowing TN law that well (yet), how could I best g...
Aaron Heun
Renew Lease or Not (Early Payer, Bad Tenant)
I am a newbie, just converted my primary residence to a rental last summer. We're nearing the end of our first lease and have a bit of a problem tenant but they pay rent early or on-time every month. We're on the fe...
David Johnson
Inherited Commercial Property - NNN or hold and Lease ?
My family currently owns a vacant commercial property ( 2,400 sqft) in Massachusetts we can divide into 2 spaces for lease. We ran it as a bicycle shop for 45 years. The location is literally the center of a long-st...
Vicheka Chres
additional tenant that adding to the existing lease
Hello BP, I'm renting out this single family home to (currently) five individual tenants. One of them vouch for the additional tenant. I modified the lease to add the last tenant move-in date to Nov 1st but I haven't ...
Marita Jojo
Ending a lease in pendemic is an option ?
One of the tenant is on a month to month lease and I have a 45 days notice to end the lease. He is now saying I can’t end it without giving a reason as we are in the middle of a pandemic. Any such regulations in Penns...
Tom Nguyen
Commercial Strip Mall Leasing and Management agent questions
HelloI am in the process of buying the strip mall center and just received the proposal for managing the retail strip mall from the current agent since they already manage the strip mall. I want to get your opinion on...