Derrick Fleenor
Process of revising leases from old landlord to new
Hello BP!I have my first Multifamily deal under contract which is a total of 22 units. Apparently about 75% of the units are Section 8 and I’d like to get some feedback on how some investors have made revisions to th...
Account Closed
Eviction moratoriums: switch to m2m lease, terminate on nonpay?
I am a landlord in a C/B- type area of Columbus, Ohio. I am seeing all the eviction moratoriums and the real likelyhood that our economic woes are about to get worse. However, I still want to stay in business and kee...
Harish V.
Rules for Notice period for Term Lease in California
I always thought that no 30 day notice is necessary if tenant wants to move out at the end of lease term. However we were watching the COVID FAQ and it feels to me that 30 day notice is still required from Landlords. ...
Josh Southern
Can a new owner terminate a lease upon purchase ?
Looking a at nice muti-family.The good:One 3/2 house with 3.5 year tenets that are month to month right now.Two 1/1 apartments over a 4 stall garage (which is not used by tenets)The bad: after showing but before I pu...
Kentwaun Freeman
House hacking! Best app for rent and lease agreement
Looking to house hack. Bought my first property about a month ago and trying to figure out what’s the best app that’s like a One stop shop. for collecting rent while also having a lease agreement through the app.
Inder Bir Singh
Covid 19 Clause in the Lease for Rental Property
Hello, I’m planning to start a lease with my new tenants from July onwards. I’m a frontline healthcare worker who would be living in the rental property. I want to add a clause in the lease to protect myself from any ...
Cameron Riley
When signing a lease w a tenant.... do you..
• Do you sing an agreement with your DBA name or LLC name?Or do you sign the lease with your real legal name?
Carlos Gomez
Property with no leases and month to month tenants
I recently purchase a property and there are four month-month tenants with no leases in place. What is the best manner to approach this situation with the tenants to get them to sign leases? I would rather have the te...
Rachel Stump
Changing Lease with only one of two tenants signatures
We have tenants who are a married couple. They have been late paying rent a few times, got a big dog when no pets allowed is stated in lease. We offered to change the date rent is due from the first of the month to t...
John Livingston Bullier
Unrecorded Oil and Gas Lease (Lessee is ExxonMobil Corp.)
Hey BP!
I'm representing a buyer who is in contract to purchase a property that is subject to an oil and gas lease to ExxonMobil recorded in 1974.
The kicker? The lease itself was not recorded, only a "Memorandum" ...