Michael Hayworth
1st occupied foreclosure - short-term lease to prev homeowner?
Bought my first occupied foreclosure last week (regularly buy at auction, but typically unoccupied homes). Posted Notice to Vacate as soon as I bought it. Met with previous homeowners, who under Texas law are now "Ten...
Lois S.
Early notice of intent to vacate at lease end
A tenant with a 2-yr lease has given notice that they'll be moving out to a better school district when lease ends in 8 months.Normally this happens closer to lease end, and I follow CA regulations re: advising tenant...
George Ramsay
Beginner questions on lease option or creative financing deal
Hello Ive browsed through the forums but am still a bit lost and could use some help.Ive got a rehabbed property with a great conventional loan. My Agent and I have not been able to sell the property and we are lookin...
Curt Smith
How to file taxes on a sandwich lease option
Hi Guys, I searched BP for tax prep help, didn't find any tax prep helps for a sandwitch lease option.Bought on a lease and option. Zero option fee, lease is the sellers mortgage payment: $798/mo. I pay for fix ups...
Jonathan G.
Purchasing vacant warehouse to lease~50% down. Financing options?
Hello all! I'm new to the community as well as commercial real estate. I like the community a lot and appreciate how giving you all are with your knowledge. This is probably my new favorite forum! Please forgive my ig...
Bhanu P.
How to structure Landlord friendly 'Lease to own' contract?
I recently purchased, rehab, refinanced, leased a SFR. The following is how the numbers look.Loan of 130K & Appraisal by lender during loan of 174KI do have around 20K of my money invested in this deal.I got that ...
Jimmy Klein
Any leasing agents based out of the Mid-Atlantic?
We got about a 1.5 acre of land adjacent to a hotel. Looking to lease it to a business. The road it sits on has about daily traffic about 30,000, so it has very good exposure. Looking for either a leasing agent or som...
Josh Tsang
Specifying Non-Termination Months in Month-To-Month Lease?
I have seen residential landlords with month-to-month leases that specify tenants cannot terminate their leases during specific months of the year (i.e. November - January) as to avoid vacancy and headaches during p...
David Florist
Landlord living with tenants - should there be a lease?
I just purchased my first property and am going to have tenants living with me for my first year or so. I want to make sure I have all my legal ducks lined up when it's time for them to move in. I have a few questions...
Giavonn R.
Month to Month Tenant- No lease - No deposits - Purchase
Hello BP - I am about to purchase my first rental property after a long while of being in the business. There is a tenant in place that is a friend of the seller so it is month to month, no deposit and they pay about...