Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
And also I inherited the tenant and havent signed lease with them been advised to better honor the same terms of the seller until their contract finish.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
Quote from @Natalia Perlova: Hi there BP community, looking for your advice on the following please: i inherited a section 8 tenant who pays way below market, acts shady, had an issue with the leaky toilet for years, which damaged the floor and cost me $$$ to fix.
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
I have seen some properties on MLS that I contact my realtor and they may know right away the reason it isn't selling from showing it previously, or they can review the realtor comments that aren't viewable by the public on MLS.Other potential reasons I have seen properties listed on MLS for a long time. 1) Some investors may not be comfortable inheriting existing tenants.2) It may be it is a class C neighborhood. 3) Structural issues.
Evan Ross
Managing rent increases
30 December 2024 | 11 replies
If you can manage the relationship to lessen turnover frequency and get a similar return as large landlords where if they took the same approach as the large landlord they would earn LESS.
Karma Abdula
My First Flip: Fixer-Upper Tested My Sanity (and My Wallet)
31 December 2024 | 0 replies
Turns out, the only thing historic about it was the amount of problems I inherited.
Michael Mulroy
Rehab and Rent, or Sell?
3 January 2025 | 12 replies
Had an inherited tenant move out after living in a property i purchased a few years back.
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
My wife inherited a duplex from her mother that we have rented out since 2019 and we purchased our own home in 2020.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
It would be a way of leaving an inheritance that's all wrapped up in an income producing bow.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
That lessens the concern as there are often multiple groups of people at the house at a given time.
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
However, we are taking over from a PM to self-manage and are inheriting the current setup.Our biggest concern is that this first communication from the tenant was a sob story asking for $500 back/off rent.