[Drelise Homebuyer]

Drelise Homebuyer

Thanks for the insight. I love this forum. I just wish I had known about it years ago.

Karlus

[Drelise Homebuyer]

Drelise Homebuyer

Thanks for the insight. I have a couple other questions that I’m trying to work through that would be helpful if you could weigh in on.
1) Do you have any clauses in your lease that mitigates the risk of the owner defaulting on his mortgage which would in turn jeopardize your lease with your occupant tenant.
2) Do you have any lease provisions that cover you if the owner becomes insolvent and cannot make needed repairs.
3) In your lease agreement with the occupant tenant do you give any reference to your lease with the owner
4) Generally, how long of a term do you seek to tie up the property with the owner

Just trying to cover all bases, so any insight would be greatly appreciated.

[Drelise Homebuyer]

Drelise Homebuyer

Thanks for the insight. I plan on diving into the training today. Also, wanted to know if there was a sample performance or fixed master lease that I could glean from to prepare one for one of my current fee based properties.