Hi,I am interested in buying a two flat in my area for rehab, and then I will live in one unit and rent out the other. I understand now that such a low priced property isn't profitable for a traditional bank or mortg...
Hi all, I have a tenant that signed a 18 months lease and kept delaying on their rent payment in the first 6 months. We have a clause in the original contract saying that if they cannot get caught up on payment by the...
So the scenario I have is that I am currently in the process of refinancing. Thinking about it, I posited the question to my dad if he were to "pay/buy it off", and I were to pay him instead of the bank, he would ben...
Potential new tenant offered to paint house exterior instead of paying security deposit. Is this a good idea? Or should I require him to pay the deposit and maybe give a discount on monthly rent equal to amount of wor...
I have a potential tenant but I am having trouble verifying employment. She said she was displaced because of the hurricane in North Carolina. Her job transferred her up here to Connecticut. I did speak with someo...
Realtors spend lots of time and effort on their clients, never knowing whether it will actually pay off. In my case, my agent's efforts are not going to pay off (at least not immediately) because I have decided to cha...
Hey, everyone! I've been looking and finally the right deal found me. I made an offer on a piece of land with a mobile home on it and it was accepted. Looking for help as it's my very first deal. Woot! Details be...
So I have the opportunity to purchase my first house as a Rent to Own. THe plan is to live in it for 3 years or more, making the minor repairs as needed. Then make the purchase. I tried using the BiggerPockets b...
Hey Everybody,I'm here in Fayetteville NC, Looking at a potential property that I would like to turn into my first rental property! This is my first time trying to analyze an actual property so here are my numbers.Pur...
Here is my situation.
October 2020, Tenant A moved in.
Approx. April 2021, Tenant A sublets her apartment ILLEGALLY to Tenant B (no landlord approval, lease clearly states it's illegal to sublet).
No rent is given ...