Will Schryver
Assignment of Lease Agreement(s)?
If I acquire a multifamily (2-4 units) property with full occupancy and tenants locked into a 12 month agreement, what happens in the event of a change in control? In an RE deal, can you assign the lease agreements to...
Linda Roberts
Handling last month rent, how to charge the difference?
My tenants have lived in the house for several years. During this time, the rent has increased by $650. How do you handle the difference between the original last month's rent and the current rent? Do you require tena...
Brittnie Stewart
Closing on Wholesale Deal
I'll be brief.....I've been trying to get my questions answers from the site but I've been getting mixed answers. Just so I am clear, after I have the property under contract, am I supposed to leave an earnest deposit...
Alecia Loveless
To buy my own house or not?
I have an opportunity to view a potentially offer on a cute 3/2 house in the most desirable community in my area for a house for myself. I anticipate the purchase price would be about $260,000. If I move out of my ex...
Elena Pech
How to deal with subletting?
Hi, I am a new landlord in the Boston area. My tenant wants to sublet an apartment for the 2 months of summer. It's stated in the lease that subletts are not allowed, but I am ready to make an exception for her. How s...
Gulliver R.
Illinois tenants laws
Hi All,
I may be buying a property in Illinois. Do you landlords have a hard time evicting tenants in Illinois (for reasonable grounds of course like non payment and not following the lease and rules) from your exper...
Jessica Marin
Lease options for Veterans
how does lease to purchase work if the buyer is a veteran? I thought veterans didn't have to put a down payment when buying their first home... Unless I'm mistaken... Can someone school me on this? 😬
Heather Lavergne
Allow tenant to have hot tub?
Hey Guys,I am a first time landlord and I have a potential tenant who has requested that he install a hot tub in the back yard. He will agree contractually to be fully responsible for it and any damage it may cause a...
Stephen Wiater
Putting in a offer (then backing out)
Hi all,I am curious how it works when you put in a offer on a house.I am currently looking at a condo for 74kI want to make an offer of 62K and negotiate the closing cost with the owner.My question is:After I put in t...
Flora Granter
Potential tenant with breaking lease 2011
A potential tenant contacted me and was upfront that they have some credit issues including a broken lease in 2011. It happened when they have medical conditions and could not work enough hours. According to them, t...