Hi guys. Been a while.I have a question for you all.First off, I am in CT.Now, my questions revolves around a tenant breaking a lease, damages, repairs, and liability.I had a tenant break their lease. 2 weeks early. (...
I recently purchased a property out of state. The process to close was difficult to say the least. Despite me covering closing costs, closing still had to be delayed over a month for the seller to find financing to co...
I became licensed to practice real estate a few months ago and am with a broker in Texas. Does this affect being able to invest in real estate as far as wholesaling is concerned? Is that off the table now or can I sti...
My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
Hi All,
This is my first post as I just bought my first rental property and came across this fantastic site. Hope to stay engaged with others on this forum.
Some background - I just closed on a town house pro...
Looking at a REO property and normally I am used to having to write up a FARBAR AS-IS contract plus a bunch of bank addendums that basically nullify 90% of what's said in the FARBAR contract.
But this time th...
Hi everyone
I'm (hopefully) about to close on my first rental property and I'm really in stupor about what my first steps should be.. The situation is this
This is a 4-unit property (2 duplexes, 2BD 1BT...
I would love to hear from the BP community what they believe are best practices of being a landlord? We are in the process of updating our documentation and procedures, and I want to make sure we are not missing anyth...
I finally made 2 deals... in one week!!!! WOOOHOO!!! :)
However, the one is a duplex and I'm super weary of acquiring someone elses tenants. The place looked clean and taken care of - but if they don't pay, I don't ...
If you all read my previous post you know I just acquired a 4 unit building in rural North Carolina. We discussed plans to raise the rent, allocate utilities to the tenants, pet fees, etc...Well I just met with all of...