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Results (5,806+)
Jay Hinrichs Where are the renters going to go will market get crushed
8 December 2021 | 84 replies
in my market in the midwest ,i donot see rents going down.i owe mostly class b properties.in 2008 and 2000 , i actually was able to raise rents,because i had alot of class a tenants where coming to my properties.i see this time a liitle different ,but i think rents in apts and duplexes will stay even.alot of fellow landlords will renew their rents at same price.they will be scared to raise renewals.in the apts and duplexes the landlords who know how to market better will be alright.the landlords who do not market their properties all year will be hurt.we have learned if you market your places even when no vacanies it helps.so when you get one ,you sort of have a waiting list. were i think you will have the problem ,will be in single homes.that is the person that has been most effected by cov-19.most were white collar, not essential jobs in our state of wis.it will hurt when trying to rent that property ,because your pool of tenants will be smaller.in the plus side ,if that is your market you should be able to add units at a good price.because like renters,that same market of homeowners is getting effected.foreclosures will be coming in 6 months.where i see the big problem coming is commercial properties.you could see a 25 vacancy in that area.alot of retail ,will never reopen.who knows how low their prices could go.what i know for sure, will the landlords who thought being a landlord was easy the last couple of years will disappear like in 2008 and 2000. their weakness in running their business will come front and center and they will sell out .i see some starting to bail already,and we have started to have problems.the no evictions has shown in our state already, which landlords have good screening process.because most of tenants not paying our tenants they should have not took in the  first place.we have good tenants that have lost jobs,but they have found a way to pay.between stimulas check,unemployment checks ,savings ,or payments plans ,or temporary gigs.we had problem with only 1 tenant last month,out of 155.that is with a building we just bought,we have not been able to train her in our way of doing business.you can tell by her way of talking she is  belively in her mind she does not have to pay rent.and with no threat of evictions ,nothing we can do.that is where goverment has to stay out of our business.we even got of  her rent covered by local help assocaitions ,but she is to lazy to go to them.that is most of the same kind of tenants ,most landlords every problems with in our local apt assoc.
Josh Jensen On the fence regarding a REI ..
14 May 2020 | 11 replies
Weak sauce.  
Andrew S. Tenant's boyfriend moved in
15 June 2020 | 22 replies
And if you have a provision in your lease, you need to be prepared to enforce it or the tenant will see that as a sign of weakness and permission to violate other areas of the lease.
Karen F. First slip and fall lawsuit - any advice?
8 June 2020 | 15 replies
It just kills me to do this, because I think that the guy's claim is so bogus that if we ignored it, the guy's lawyer, knowing it's a weak case, would drop it.   
Nathan Gesner Why is unpaid rent so high?
28 July 2020 | 160 replies
The tenant knows the Landlord is weak, so they use COVID as one more excuse to pay late - or not at all. 
Walker Seid Phil Grove
5 July 2023 | 125 replies
I'd rather appear strong and tiresome than weak and worthless.(#10) Again, I keep trying, but the entrenched denizens don't like me impinging on their fiefdoms.
Olivier Clow New BP member - Looking for advice
5 February 2022 | 6 replies
This can help you then paint a clearer picture of what actions to take and skills to learn to get to that goal/objective (ex: strategies to use, markets to invest in, Strengths, weaknesses, roles to do, roles to delegate, etc...).Remember that RE is a long game, so take consistent action and results will follow (it is so worth it). 
Puneet Pal Singh Is it good idea to invest in Toledo, Ohio Area?
16 February 2024 | 60 replies
These are pretty weak economic and demographic trends which is why, when you have a choice of any market in the nation, there are better choices.
Jamie Spitale Hello Y'all
8 September 2015 | 9 replies
Your goals, strengths, and weaknesses should drive your strategy, not somebody's opinion on where you should invest.   
Michael Germinario Property Management Policy & Procedures
5 June 2017 | 8 replies
My goal is to have a clear answer to any tenant questions/property issues that arise by simply referring to my written policy/procedures.I also think this will help me find areas where my lease agreement is weak, so I can strengthen it for the next renewal or new tenant.Thanks and happy investing,Mike