What to do with inherited property that is leased? https://www.youtube.com/watch?v=oeQ0uX-Li4w Tenants, leases, and inherited property. What happens when you inherit property but it comes with a tenants? Are there options for handling with this lease? Q: My brother and I inherited several acres of commercial property from our parents. The land came with [...]
Was your investment property damaged by tenants? If it was, can you recoup the costs to repair your investment property? Was Your Investment Property Damaged by Tenants? How Can You Recoup the Costs to Repair? Q: My wife and I bought a house in Maryland in early July 2022. The sellers wanted to stay in [...]
Do renters make good neighbors? A condo owner wants to know if she should worry that her fellow owners rent out their homes. Q: I live in a nine unit self-managed condominium building. Over the years, the board members rented out their units. In one year, two units sold and a third unit is up [...]
Should You Plan a Move Before Retirement? How to handle a sale and purchase of a new home and move before retirement? Q: I used to listen to you on the radio in Atlanta and I’m hoping you can help me now. My husband is 65 and I’m 63. We live in a home that’s [...]
I don't have a lease and I can't afford the rent. The current landlord is selling. What can I do? Q: I am in somewhat the same situation as the article you wrote about a new owner raising the rent on their existing tenant. In my case, the owner of my apartment died and their [...]
I can't afford my rent. The landlord told me to leave. Now what do I do? This week's question is a heart-breaking look at what happens when rental property is sold in a hot market and the investor raises the rent. Q: I was renting a townhome when my landlord sold the property. I was [...]
Affordable housing options in 2020: granny flats and garage apartments aren’t a thing of the past, they’re in high demand all over the U.S. Affordable housing options are scarce all over the country. Americans working full-time at minimum wage can’t afford a one-bedroom rental in 95 percent of U.S. counties, according to a report by [...]
Can you break a lease during COVID-19? This reader’s grandson rented an apartment near campus but fall classes are being held online. Q: In January, my grandson and three of his friends agreed to rent a 4-bedroom apartment near the campus starting in August, when school was supposed to resume. They signed the lease in [...]
Can my landlord terminate my lease during COVID-19? This reader wants to know if it’s possible and how much notice they’ll be given. Q: If you rent on a month-to-month basis, can the owner terminate the lease during the COVID-19 pandemic? And, if the landlord does notify a tenant that the landlord elects to terminate [...]
Paying property taxes on an abandoned home. This renter can’t locate the owner and wants to know if they can pay back taxes before it goes to auction. Q: I rented a house from a person who turned out not to be the owner of the home. I contacted the authorities and the scammer disappeared. [...]
