Hi everyone!I’m excited to say I’m closing on my first deal (a house hacked duplex in Concord, NH) after four years of studying books, podcasts, and forums through this awesome website! So thanks to everybody who take...
Hey guys, question regarding the hold deposit for a new lease. I'm requiring the first, last and security of 1 month for a new lease. I think that's pretty standard. One thing I don't know is, do people require yet...
We’re considering a few single tenant custom buildings with fairly long triple net leases. But considering that the buildings have been custom built for a particular chain, what happens when they decide not to renew?...
I have a standalone former drive thru bank that is now a vet clinic. The vet clinic wants to expand the building at their cost into the drive thru area as they don't need the drive thru. Should I charge them more re...
I was curious how many of you have property management agreements where the PM has inserted a clause saying they'll be paid a specified % of the sales price if sold during the term of the agreement. Sounds crazy to m...
Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...
Hello everyone!Looking for everyones great advice on here before pulling the trigger. I have a unique situation in which I leased a car (2017 Jeep Wrangler) I love it and I am looking to buy it before the lease ends, ...
Hi All,I had an interesting question I wanted to pose. Say you as a landlord in Wisconsin have one year leases that automatically turn into month to month leases. If you have a tenant who went into their month to mont...
After a couple of months of discussion, we have decided to sell one of the rental properties. Lease is up in NOV. Notified the tenant that we would go to a month to month but are putting the house on the market now. O...
I’m planing on making an offer on a duplex tomorrow. I did not schedule a tour due to the fast market in the dfw- but I do plan on driving around the community to get a feel for it (potential house hack). If it were ...