I’m wondering if anybody else has had experience with the lender using the current leases and the rental income on a property that the buyer is purchasing Towards their income?
Hello Everyone,I am a new real estate investor and recently closed on a three family property that I plan to house hack. I have one of the tenants moving out March 1st and I am moving in right after. I found out at cl...
Good morning. I'm under contract to purchase two duplexes and the current owner says they are not able to find all of the written leases. One tenant told me they had been there 5 years and another told me they had b...
Hello BP community!Tomorrow I am slated to close on a duplex, and I will inherit tenants. The seller has stated they do not have any paper leases, as everything is verbal. The tenants are long-term (about 10+ years)...
Tenant promised to pay me rent by today (aug 28) and blind sided me with message she is moving out. in 2 days. I immodestly sent the notice to Eviction to be safe.Question- What paperwork do I need to do? If she moves...
Hello, I am working with an agent who would then be my property manager to find a tenant for a property I own in NW Indiana. She found potential tenants but told me she could only share their credit score with me bu...
Hello everyone, I have tenants who moved into a property back in November 2020 and signed a lease through April 2022. They had two pets and they have signed as part of the lease a section discussing an additional $75/...
I am selling all my properties this summer and wondering if the new landlord is legally required to honor the terms of my lease or if the buyer can replace the lease with their own? I am thinking they can switch to th...
For experience section 8 landlord, please advice.I'm new to section 8, however I have been a landlord, property manager for 6 years in the Hollywood fL and hallandale Beach FL area.One interested possible applicant lo...
Hi everyone! I introduced myself a few weeks ago. As a new investor in RE both my wife and I studying different investment strategies. We want to make sure to choose a strategy that best fits our budget and knowled...