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As a landlord am I required to allow a tenant out of a lease (minus damages, cleaning fees, re-rental costs) if they notify me 60 days early? I'm assuming I cannot continue to charge them rent after they leave and c...
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Does everyone do one year up front and one year renewals? Anyone do multi-year renewals (two or more)? Built in rent increase? I would think once a tenant has been there for a year you're safer agreeing to multi year ...
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I won the bidding war but my real estate attorney just found out this co-op unit has a proprietary lease expiration date in 2037. They did not suggest that I move forward if expiration date within a 30yr window.What s...
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Hello Biggerpockets, I hope everyone is having a fantastic Thursday and ready for the weekend. I am currently in the process of purchasing my first multifamily property and recently discovered that the current leases ...
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Friends, I have a fairly simple question that I've been struggling to find a good answer on. Is there a way for someone who is not a realtor to legally use the TAR lease? Can a realtor you may know simply agree to pro...
Hi everybody! I am a new ish landlord in Arlington. I own a property that I rent out by the room. I originally lived in it, but just bought my second property and moved out, and had someone move into my room (4 bed, 3...
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I've got a good deal, off market rare duplex in my area needing light rehab, PP 160k + 20k/unit (40k total) rehab = all in 200k. Once rehabbed, it will rent for $1,000/unit. I am using hard money for part of the purch...
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I'm looking at a potential self-storage deal which I could use some assistance with. The quick summary is that it a facility that was effectively abandoned 5-7 years ago due to the death of the owner. I understand tha...
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Hello everyone,
I came across a deal for ~50 units of small warehouses (each 700-800 sq ft) and leases are around 1 year each. Is this typical to have 1 year leases and be treated more like a residential rental? Al...
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Unfortunately, I did not read my lease when it came to the contract about moving out. Now, I'm in the position of my lease ending on the 4th, but the contract stating I require a 60 day notice apon moving out. Once th...