Eric Littlepage
Lease term language legalese
I took over managing my property from the property manager who had placed a tenant who is in there currently. The language in the lease for the lease term simply says: "Lease term: The initial term of the lease cont...
Sean Dezoysa
Help understanding Section 8 "payment standards"
Hi, I did a quick rent estimate of a 3bd property in zip code 44142 and found it rents for about $800/month: https://www.rentometer.com/ana...But it seems every zip code in Cleveland, including this lower priced one, ...
Tavera Leary
Wholesaling Contract?
Where do i get a contract for me & the seller to sign? Do I write up one of my own or is there somebody I go to to get it from?
Remington Lyman
Getting OFf-Market Buyers to Sign the Contract
Hello BiggerPockets! I am a relatively new investor (2+ years) in the Columbus, Ohio market. I have trained two cold callers and am trying to go after more off-market leads for myself and fellow investors.One issue th...
Marky Suazo
Standard Property Management
Hello all"Ive been looking into a few turnkey companies and I am in the process of vetting one that uses an outside property management company. I''m trying to get a better understanding of their fee structure and wha...
Tony Otis
Duplex to Triplex Conversion
I'm considering undertaking a duplex to triplex conversion project in Minneapolis, and looking for the best way to go about it. Zoning isn't a problem, the street is already zoned for 4+ units. I've heard that conve...
Aaron Smith
Passive losses, standard deduction
Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...
Jim Farrell
Dodd Frank
I'm an investor new to the note side, and keep hearing "Dodd Frank". I understand that this relates to federal law passed in the last few years under the guise of "helping the consumer".It may be way too complex to a...
Kristin Zajac
Do I need an attorney to review an Exclusive Buyer's Agreement?
Hi BP community! I'm excited to report that I've identified a buyer's agent that I want to work with to find my first property. I want to sign an Exclusive Right to Represent Buyer Agreement with him, for the benefits...
Nir Berko
Renovating a Property for Section 8 Tenancy
Hey everyone,
Just got my hands on a place I'm planning to fix up and rent out to a Section 8 tenant.
I'm new to making a place Section 8 ready and could use some pointers. Could anyone share their knowledge or reso...