All Forum Posts by: Paul Bjerke

Hello, I had a renter send me a letter to terminate the lease early because she fears violence from her ex-husband. Has anyone come across this before? thanks

Investment Info:

Single-family residence buy & hold investment in Cottage Grove.

Purchase price: $129,000
Cash invested: $26,000

1979 4/2/2 corner lot with fireplace, shed, trees and large yard

What made you interested in investing in this type of deal?

Overall value in good school districe

How did you find this deal and how did you negotiate it?

realtor

How did you finance this deal?

20% down

How did you add value to the deal?

remodeled main bath, part of kitchen, paint and carpet

Is this considered a trespassing issue where the police can be called or is it something else?  Thank you for your thoughts on a MN property.

I spoke to a lawyer and he said there isn't a clear cut answer on this one.  He suggested writing letters to both parties stating the request to roll the amount over to a new lease and see if there is any push-back.  Thanks for everyone's ideas.

Hello, we have a couple that rented our townhouse in MN.  With 5 months to go in the lease, she left.  He has been paying the rent and wants to lease again in his name.  Does anyone know the rules on where the original "joint" security deposit would go to?  50/50? per divorce settlement/paperwork? he is entitled to it and can use for new lease?  

I would love feedback on experiences with this.  Thank you