Paul Bowers
How to apply the 3x rent rule of thumb
I maybe renting a SRF to three friends. I will make each of them sign the lease but was wondering if you would expect each to meet three times the total rent or only three times their share?
Luke Cullinane
Tenant won’t sign lease /won’t pay security deposit.
I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 month...
Daniel Nied
Developer fees for 4-unit infill project
Hello BP community - question for you all regarding an infill development project in Colorado. Quick background: 3 partners have come together to form an LLC for the sole purpose of buying a parcel of land, developing...
Julian Colvard
Tenant wants to use on security deposit to pay a new SD??
A tenant wants to get their security deposit back from another landlord so they can pay the SD on the property I’m managing.
Have you had experience with this in the past, and how have you handled it?
Michael S.
Steps for Inherited Tenants
I know this topic has been thoroughly discussed on BP, but I wanted to clarify a few things with the more experienced.Here are the facts:We're getting ready to close on a 4-plex, currently all units are occupied. The ...
Scott Meyers
Self Storage Turnaround
Investment Info:
commercial investment investment.
Purchase price: $345,000
Cash invested: $1
2 year value add turnaround project in Macon Georgia put together as a Syndicate. New Roof, All new Doo...
Christopher DeLucien
Secured Personal Loan for Downpayment. Yay or Nay?
I'm trying to open up this discussion in terms of both good and bad...After speaking with a few people and lenders on acquiring money for a down payment on a multifamily property, a secured personal loan came up as an...
Alex Place
Renting with no security deposit or dividing the security deposit into rent
I own a few rental properties and had a question that I wanted to run by you all. My wife and I own a small real estate investment company and while our goal is to make a living off this company, we don't want to do i...
Sara K.
Do You Require First, Last & Security? (34787)
We’ve owned our unit for over 2 years, but inherited a tenant that just recently moved out, so this is our first time signing a lease with a new tenant.
Is it standard procedure locally to ask for first, last and sec...
Ken Chud
Tenant Quality Deterioration
Hey folks. I specialize in renting to Section 8 (BRHP) in nicer areas of Baltimore County and noticing significantly deteriorated tenant quality. Especially since Covid. There is barely a voucher holder applicant with...