I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
Hi guys,One of my tenants had a guest who he decided to lease a room to (sublesee) for $100. They made a verbal agreement.The sublesee has not paying anything to the tenant and because of that the tenant want that s...
What one or two things you regret not including in your lease? Or what is something you’d recommend everyone include that may not be an obvious item?
Hello BP community!Reading a book on Lease Options now and got stuck on this one example. Please help me understand what it means. Facts: Seller has a home worth $235,000 and will sell it to you for $225,000 on an 18-...
Just purchased an occupied triplex in Indianapolis, IN. One of the tenants is not going to renew her lease at the start of the month and as such, has not signed any paperwork with me. The former owner/landlord has not...
Hello,I have a tenant who is interested in my property and he is willing to move in and live there. His girlfriend would like to join him but is not willing to sign on to be on the lease due to cultural reasons. They ...
Closed today on forth duplex. Super excited but the seller kind of frustrated me. The tenants where paying month to month. One side was rented for $650 the other side $700 with a pet. When COVID started the former own...
Hey everyone, quick question about lease options. I am wanting to move out of my apartment now and get into a house. I just went from a w2 employee to self-employed which means no mortgage most likely. If I decided to...
My family and i have owned a 20,000 sq ft strip center for about eight years that we purchased in foreclosure. It consists of eight x 1600 sq ft spaces and one x 4350 sq ft space. When we purchased it, most of the sma...
Hello BP,I have opted to use the Bigger Pockets lease agreement on my first rental property. I have been reviewing the lease thoroughly and there is one paragraph I don't exactly understand. It goes as follows: FEES F...