Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
Income tax refund (forced savings account where govt keeps your interest) gives them the cash they need for first month's rent + security deposit.10) Realities of S8: most tenants no longer have 100% of rent paid by the program.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com
Ana Carini
Payment Processing Options for Cohosts
18 December 2024 | 9 replies
A legal expert might correct me here.
Ashley Mierez
Investor Insights Wanted: How to Present ROI and gain investor confidence?
24 December 2024 | 5 replies
Just here sharing my experiences and asking questions to the experts here on BP.
Tj Collins
Do 1031 Exchange regulations vary by state, or is it federal legislation?
16 December 2024 | 6 replies
Use a reputable expert like @Dave Foster and you’ll be covered.
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
Keep in mind I'm no financial expert, but that is what I have always been taught by my mentors.
Jefferey Eutsay
32 unit multi
24 December 2024 | 9 replies
With the large down payment, you’ll likely have built up enough equity to secure better terms.
Nick McCandless
Turnkey Real Estate Investments
17 December 2024 | 22 replies
I understand as someone new to real estate investing there is a lot to learn and even though I have read many books, until I do it myself for a few years, I will be far from an expert.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I acknowledged his concerns but was unable to resolve the issue.Since the tenant moved in, I have experienced escalating issues with his behavior, including:Lease Violations:Moving items without permission (furniture, safe, carpet cleaner, TV from his room to another tenant's room).Accumulating boxes in the garage, potentially exceeding the agreed-upon storage space.Installing a security camera in the common living area, which is a direct violation of the lease agreement.Failure to submit a work order for alleged issues with the smart lock, as required by the lease agreement.Behavioral Issues:Aggressive and confrontational communication.Unfounded accusations and personal attacks.Refusal to communicate through agreed-upon channels.Loud and disruptive late-night behavior (banging on the door, kicking the door) due to alleged difficulties with the smart lock, often accompanied by profanity.Harassment of my son, the designated on-site property manager, by making disparaging remarks about me and refusing to cooperate with him.Potential for Neighborhood Disruption: The tenant's late-night outbursts have the potential to disturb neighbors, although no formal complaints have been received.Unreasonable Demands: The tenant unreasonably demands advance notice of my access to the property for storage purposes, despite the prior agreement and my right to access common areas and my own storage spaces.Safety Concerns:While the tenant has not directly threatened us, his actions, including the harassment of my son, have created a concerning and unsafe environment for my son and me.Goal:My ultimate goal at this point is to evict the tenant due to his ongoing lease violations, concerning behavior, the harassment of my son, and the potential for neighborhood disruption.Questions:1.
Daymian Mejia
House Hacking in NorthShore
16 December 2024 | 6 replies
Connect with local real estate agents for expert advice.Good Luck!
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
We've secured many tenants who didn't know that we were actually the perfect match for them when they started their search.