Erik Marshall
Purchased commercial building, legally have honor current leases?
Purchased a three unit commercial building, previous investor paid water and sewer. Leases are good until 2021. Am I obligated legally to honor those leases? Was going to charge for sewer and water.
Phillip Davis
Switching to Month to Month Leases for Covid
Hey friends, this is completely me thinking out loud through the forum and seeing what others think. With all the current regulations being implemented to stop evictions around the country, has anyone thought about tr...
Mario Morales
Lease renewal in October or wait till June
I have a good tenant who has been with me for a year, with the lease set to expire in October. I'm planning to renew the lease starting November 1, 2024. It took about two weeks to find the current tenant back in Octo...
Tariq B.
Multifamily...Hardly Any Documentation, No Leases.. Deal Breaker?
Hello All,I have an 11 unit under contract. I will admit this is new territory to me, only dealt with SFR in the past. But it's time to step up my game!This place needs a make over, owner has left it to deteriorate. I...
Aaron Laverne
Fully Leased Multi-Family - How much to offer?
Hello BP, I'm looking for feedback on a property we are analyzing. Please advise on what we should offer for max ROI based on gross income and expenses.Market Price = $275,000.00Annual gross income = $36,000.00 Annual...
Sean Morrisey
Landlord Lease Addendum Due at Registration and Inspection
Anyone notice that you must submit ALL Aurora, IL landlord addendums to Property Standards at time of registration and at the inspection of rental property? This is a new change from Property Standards adding continu...
Stephen Homes
Evict vs “Good Cause to terminate the lease"
I have a section 8 tenant in New Jearsey. To name a few she damaged her unit and the unit under her and not willing to pay for the damages that she caused (I had both places fixed). Changed the lock without my knowled...
Kin Leung
Lease term from 1 year to 6 months
Hi,
We have an out of state rental that a property manager manages for us. I just heard from the company that the tenant asked if we'd be open to changing the term of the lease renewal from 1 year to 6 months. The lea...
Chase Banta
Need To Lease A Commercial Space, Have Questions.
My wife and I are interested in opening a child care center in Portland, Oregon, and I am doing preliminary research on what it will look like to enter into a commercial lease arrangement on a space that's, say, 2500 ...
Mark Tadius
Leasing listing agent asking for commission 3% GA
A real estate agent initiated a leasing agreement. Got payed by the first month rent. Tenant agreed with landlord at the end of the year lease to purchase the home. Both not represented. Title company did all the work...