Wakes Andre
Extending lease contract with tenant without realtor involved
I have a rental property in West Palm Beach, FL area. The lease contract ends in a couple of months and the tenant would like to stay for another year. The tenant has been living there for 4 years already and I have a...
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...
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...
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...
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...
Jeff Kovac
Risk and Rewards of a Land Lease #1
Thinking of pursing a commercial land lease. Is there anyone who can shed some light on risk and reward. I don't have experience in development but am interested in a buy and hold strategy. On the surface, a land leas...
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...
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...
Steven Straughn
Buying a home with a solar lease agreement?
I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
Lakisha M
wholesaling Lease Options (Cooperative/Link Options) in NY
I'm just getting started with wholesaling lease options in NY specifically Queens, but have had trouble getting in touch with sellers. I've tried calling Craigslist ads but I'm only getting in touch with realtors, thi...