Swaga Deb
Tenant Death...What to do next?
Sadly my amazing tenant passed away from natural causes; she did not expire in the rental unit but at a senior living home. My rental is in Palm Springs, CA and I was wondering if anyone had any advice of what to do n...
Joshua Tavares
Tenant signed a new lease somewhere else before end of lease
Hello,
I am looking for some advice and/or any experience with situations like this:
One of our tenants signed a lease effective 3/1/2021 through 3/31/2022 we pay heat and hot water and the tenant pays electric. W...
Corey Farnsworth
BRRRR: Appraisal Timing and Mortgage Refinance
Hey BP Community!Rookie investor here. I've been studying the BRRRR process for several months and I'm now situated to start making my first offer on properties. There are 2 things I want to clarify about appraisals a...
Ian Jaeger
How do I make an offer on a commercial property
Hey All,I honestly don't even know where to start with a good question - I'm at the point where I still don't know what I don't know!I posted about a property a while back that I thought could be interesting with litt...
Nathan R Andersen
Real Estate Agents and Exclusivity
I've been contacting REAs in the areas I'm looking to invest and I've contacted several and have some looking in some places, some looking in others. My questions is, Where do I run itno problems having some many REAs...
Hoi L.
Seller is trying to back out of a deal on Multi-Unit
Background info:5 units (efficiency/1BD) MFH with below market rent (~10-15% below market) at a reasonable asking price on market in 10/211st buyer under contract never had legitimate documented tax return income (cro...
X Sun
How much should I increase my rent?
Hey BP community!I have an investment property in Cedar Park and it was rented $2000 per month last winter.. My property manager just contacted regarding lease renewal.When I checked Zillow rent estimate and recent li...
Blaine Alger
Is a cash-out refinance easier to get approved for?
Since I am a 21 year old and lack a history of W-2 income, no bank would ever lend money to me for a traditional mortgage. But lets say I was doing a BRRRR, bought a property cash, rehabbed it, and then went to refina...
Kar Sun
Tenant Breaking Lease and moving to another state for new job
Hello All,My good tenant is breaking a lease and moving end of January.Lease runs through end of May, 2021.Tenant is aware that he is responsible for the lease until I find a new tenant or lease ends.Do we have to do ...
Chris Morris
Notifying Tenants / Closing on my first property
I will be closing on my first rental property on the 1st
of February on an occupied duplex. This is sooner than we expected but the opportunity arrived so I would like to take advantage of the extra income. I have no...