James Xie
First deal on commercial real estate
What's up guys. New member needs some advice.Recently I came across a warehouse in NY, which is about 5,000 sf. And only 1 tenant occupy whole property and have 10 years lease remaining. Owner ask $950kProperty tax is...
Jared K.
Purchasing Multi and need to take parking from another tenant
In the process of purchasing a 3 family owner occupied property in Massachusetts. I will be living on the first floor taking over that unit from the current owner. However, since the owner didn't have a car, she inc...
Christopher Za
Reducing Price on Commercial MF after Contract Signed?
Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...
Rashad Jones Jennings
Starting a Property Management Company in Atlanta
I am currently a licensed realtor here in the Atlanta area. I mainly deal with traditional sales, commercial, and investors; I would like to officially start my own property management company as I already have a few ...
Max Guerrero
Checking in from Seattle WA
Hey guys and gals! My name is Max and I'm new to the site. It's actually been a long time since i was on any forum. A bit about me.I grew up in Utah and recently moved to Seattle for a job opportunity even though I wa...
Farhan M.
Bad Tenant - Evict or renew lease?
Hi.My family is renting a SFH and the lease is up on August 25th. It will be 2 years in AUG that tenant has beeing renting. She is a divorced mother of two and for the 1st year the lease was paid for 1 year and duri...
Ryan Barber
Earnest Money issues
So recently I purchased a home to flip and for the most part everything went fairly smooth. We originally posted the home for sale on 10/15/21 and had an offer for full price the first day. The buyer agreed to pay ful...
Peter Van der Steur
Pushback from potential tenant after background check results
We are new at this. We did a background check on a potential tenant which came back as a "Moderate High Risk" person for renting. We informed this person that, based on this result, we could not rent to them. We sent ...
Ankan Basak
Tenant buys appliance on his own and..bills me!
Not that I dont want to fix it. But tenant doesnt give me any heads up. Apparently his refrigerator failed, and he went and bought a new one. Now he wants me to foot the bill. I could reimburse with warning that next ...
Lauren Kalisz
Return of a security deposit for tenant that broke lease?
Hi All-
Looking for insight on a situation I have with a previous tenant. Long story short, their lease was due to expire on June 1, 2020, but in February they requested a lease break to exit the unit on April 1, 2...