Stephen Homes
get out of a 1 year lease
Although I have rental properties, I am a tenant in CA. I have a 1 year lease that started in August. There is no statement in it about breaking the lease in the middle of the 1 year.
The landlord is using a local m...
Joseph Hazen
Month-to-Month termination process
Hello,My tenants are on a month-to-month after the original one year lease expired, and recently texted me saying they wished to move out next month. Do I need a written request from them, or can they just leave witho...
Ray Rhoads
First Wholesale/Contract Flip
Ok, need advice! This will be my first deal! I have a 9 unit apartment building under contract and want to assign the contract to a buyer. In all the books, articles, and podcasts Ive read/heard they make it sound so ...
William Edmondson
Should I communicate to my tenant about his eviction?
Long story short, state is Georgia, the tenant is a month behind on his rent and I gave a 5-day pay or quit which gave until 31st, he hasn't paid or quit. I filed on the 31st at the courthouse and I'm sure he will ...
Dominique Ellis
Baltimore Section 8
Hey everyone, quick couple of questions.I'm currently looking to buy my first property here in Baltimore. The property that I am looking at has a tenant already in place. They are section 8 tenants. If I was to purcha...
Daniel Alvarez
Portfolio vs Piggyback loan
Hello all,
I'm recently delving into uncharted waters in financing and property type. All my past investments have been either on a primary or pure investment property using a single, fixed rate conforming loan. I n...
Ceaneh Alexis
What due diligence required when inheriting tenants
In negotiations for a my second investment property, a duplex in Georgia. Both units are occupied by month to month tenants at below market rents. The units also need some cosmetic work. What due diligence should I be...
Joe Lee
LLC question - month to month tenants and cash tenants
We just recently created an LLC for a rental property that has some month to month tenants. Will this be a problem? Do I need to create a formal lease where the LLC is named as the building owner, or is it okay to kee...
Tyler Warne
Letting a tenant out of a Lease.
I am in a situation where I have a tenant who has communicated really well about how he will not be able to continue to rent a house, he made last months rent but then told me that he likely wont be able to make the n...
Justin Beaudoin
Short-term rental being paid by the insurance company
I have a few questions in regards to a short-term rental inquiry:Background: I have ALE solutions contacting me about one of my single family homes for rent. They claim they are searching for local home owners displac...