Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chen Wang

Chen Wang has started 1 posts and replied 4 times.

Post: Rent my investment house as commerical use

Chen WangPosted
  • Rental Property Investor
  • Ashburn, VA
  • Posts 4
  • Votes 0

@Jameson Sullivan Thank you! Do you have any suggestions or template on how I can specify /split the responsibility in the renewal lease agreement?

Post: Rent my investment house as commerical use

Chen WangPosted
  • Rental Property Investor
  • Ashburn, VA
  • Posts 4
  • Votes 0

@Jake Wiley thank you for the information and the suggestions. The lease is going to end this April. I am not sure what building insurance is ( house owner insurance) and my property tax was collected by my lender every month. I am thinking to add a responsibility section in the new lease agreement. Any more suggestions on how I can make the new lease agreement less risky for landlord?

Post: Should I Rent to Section 8 Tenants?

Chen WangPosted
  • Rental Property Investor
  • Ashburn, VA
  • Posts 4
  • Votes 0

I am new to section 8. Just rent my newly bought property to a section 8 tenant. Is section 8 payment guaranteed? How to do tenant screening since section 8 tenant always has low credit score?

Post: Rent my investment house as commerical use

Chen WangPosted
  • Rental Property Investor
  • Ashburn, VA
  • Posts 4
  • Votes 0

I rent my investment property to a lady who run a small business and uses my property as one of her commercial senior care centers. We signed the commerical lease agreement in which we didn’t specify the repair responsibility of some appliances. Now she complained the washer stopped working and asked me to repair or replace it. I have paid on HVAC replacement and water heater repair et al within one year. I emotionally feel it’s too much and don’t want to pay for the endless repair any more since it is a commerical lease not a resident one. I am open to all suggestions and comments. Thank you very much in advance!