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13 July 2021 | 1 reply
Hello Everyone,Ran into a new situation, the place I am under contract for does not have current leases with the tenants.They say they did not respond to the previous notices and thus the lease that expired in 2019 rolled into a month to month.They are however paying the old amount not the current month to month amount ($100 gap)The current manager has only been managing it for two weeks.The analysis has some wiggle room but how to I appropriately Guage the risk here?
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13 July 2021 | 4 replies
I think the standard go-to is two large beds which would work primarily for 2 couples but also work for families in a pinch.In one of our 2br/1ba cabins I noticed there were a lot of 2br/2ba cabins nearby with 2 large beds and I figured since I'd be at a disadvantage against them renting to couples (since they have the extra bathroom which is huge in that scenario) I decided to focus on families and put a twin over full bunk in the 2nd bedroom (along with an xbox).
16 July 2021 | 3 replies
This is a low pressure question.If they say no, then you can say 'I'd love to be the agent you refer your family and friends to. I
15 July 2021 | 2 replies
This property has a 7 car parking spot which are fully rented out by non tenants (as no tenant seemed interested to rent prior to). I
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16 July 2021 | 1 reply
My mom knows of my plans to get into real estate and recommended the Bigger Pockets podcast to listen to. I
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14 August 2021 | 2 replies
Also, I am okay moving into the empty room of the bigger unit, if the tenants are okay with that, if I need to. I
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19 July 2021 | 5 replies
However, you'd be surprised how any renters will just leave when you ask them to. I
20 July 2021 | 11 replies
You did not deliver so it is only fair that they keep it and giving back 3k was generous, I would not offer anything if it wasn't explicitly stated in the contract I had to. I
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21 July 2021 | 3 replies
Giving them copies of forms for maintenance and how-to is a great idea.