Jake Valkusky
Options for Purchasing a Property with Leases in Default
Good Afternoon BiggerPockets,We are going to settlement in 3 days for a 9 unit building. Today I found out that 2 of the tenants' leases have gone into default. What are my options and rights?Thank you in advance for ...
Johann Jells
Would a MtM lease with blackout months be legal?
I was not able to rent a unit this month. In 20 years I don't recall a MtM tenant leaving on Jan 1st, so I guess it's not a huge issue, overall we have a low vacancy rate. We usually let tenants go MtM after 1 year, f...
Kirsten Ostby
Early lease termination fee charged to Military with orders?
Hey fellow investors and professionals. I have a question about charging early termination fee and wondering if anyone knows the correct legal answer. In my leases I include an early termination fee for those who deci...
Michael Figueroa
First time real estate investor to practice Master Leasing
Hello Guys! I am not from the US. I am from the Philippines. I am 23 years old, graduating student. I am planning to do a Master Leasing of Apartments in our area. I am pretty nervous if i can really do it right. Hone...
James Chambers
NNN lease with an option to buy property Questions
I was told this might be an option for a multi-family property I was looking to purchase. traditional financing is in order but I'm trying to see what the pros and cons are for the NNN lease with option to buy. I pla...
Marie Shultz
Do I write lease for co-signer or other?
Parents are willing to guarantee the lease for grown son (+his girlfriend and their son). The parents will not be residing in the home. Do I write the lease for the son and girlfriend with the parents as co-signers ...
John Roberts
Is this mortgage fraud? Would this lease be legal?
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
Ken F.
Tenant wants to break lease....advice on next step
Hello BP, looking for some advice/opinionsMy tenant called to tell me he is relocating out of state for his job. He did not ask to break the lease and told me his company would be contacting me. He is a good guy and ...
Ty Primers
Lease Option or Contract for deed on Vacant Lot?
I've got a vacant lot I'm looking at buying in a pretty decent neighborhood in KC Missouri. Pretty much ready to be built on and the numbers make sense, owner just hasn't been able to begin the process yet. I was th...
Chaka Dolomite
Starting a llc and lease options vs regular rentals
Im also trying start my llc as a real-estate investor so what type of llc am i staring? Also is it better to do lease options or regular rentals explain the dynamics an how it works