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13 November 2013 | 3 replies
I plan on moving in about 3 to 4 yrs, and I want to keep my home and rent it out.
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22 November 2013 | 66 replies
I had one tenant who was an old Nam vet who had MAJOR anger issues and HAD-TO-GO...he is one of two units I've actually paid to leave in 4 yrs and he's the highest ($300 to leave a $400/mo apt).
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13 October 2020 | 105 replies
I've been a birddog for yrs finding properties for investors and agents and if I find you a good property then yes I need to be paid for my work.
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25 August 2016 | 101 replies
Offer a discount of half off on next to the last months rent if they pay on time every time, (you should of already collected first last and security) and you can do a walk thru of house and yard ( this gives a powerful incentive for them to be good renters and make the landlord experience more enjoyable)Put vinyl flooring in as it is waterproof, ( unless you really like tile, then do the same type of tile in all rentals and always keep a spare box on hand.Paint all rentals the same color, so you always know what paint color to use.If water heater is more than 2 yrs old then just go ahead and replace with a new one, sell the old one on Craigslist and you don't get the 2 am call that water heater is floodingAfter rent is collected in dec, then hand them a card with 50.00 inside(if they have been great tenants)And I would have to say one of the best landlord hacks I know is to really care about the tenants and treat them with respect, and you will be much more likely to receive it back
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10 July 2018 | 33 replies
I'm only 5 yrs into my RE investment so I will be following this thread to see how others have done.
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24 June 2022 | 13 replies
I'm new to BP and found your old post from 2 yrs ago, I'm living in Aurora and been investing in the Aurora/Naperville border along Eola rd, my initial plan was stick to good school, district 204, all my properties (townhomes) have done well for me since 2014, good tenants, never had any issues with tenants, property appreciations also pretty well.
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6 April 2022 | 105 replies
If I opened my Solo K in April of this year and I'm >59.5 yrs old, can I start to draw immediately or is there a waiting period?
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18 March 2022 | 9 replies
3 yrs later, Austin's response was exactly what I was looking for - thank you!
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22 January 2024 | 69 replies
I’ve got a lot of rentals and a few years ago a couple of small SFH that I purchased had long term tenants that have been there 10-15 yrs .
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19 December 2023 | 42 replies
Due to these more personal underwriting requirements, these type of lenders cannot close in short time frames, and many of them change their requirements even up to the day before closing, so it can be frustrating to work with this style of HML or institutional lenders, but the trade-off can be quite a bit of saving especially on larger projects that take a long time, think a 2 Million SFR development that would take 2+ yrs...