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Recently my husband and I jumped head first in to being REI's and landlords. We've been looking for a couple of years for something to invest in, but he's not a fan of properties which need significant work and we hav...
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Tenant signed a one year lease and breaking it in 6 months. Says her son was suppose to move in with her but never showed up. According to what she put on her Rental app. She seems to be able to afford it herself, b...
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Hi BP Community!After reading “Set for Life” & the “Cash Flow Quadrant”, I’ve cone to the conclusion that my current job has me TRAPPED!I’m only in town 8 days a MONTH with my current job & would love to chan...
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What a relief! Have you ever had your expectations exceeded? Well that just happened on my last project and I have an overwhelming sense of joy from it. I just completed a live in rehab which I intend to rent our l...
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I have some tenants who are complaining to me about a 'broken' stove where 1 out of the 4 range tops wouldn't ignite. I had someone come out and take a look at it today, and before leaving he called me down and I was...
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Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
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In my area, I've noticed a lot of multifamily properties with 4 to 12 units, and all units are 1/1. In my opinion, and correct me if I'm wrong, 1/1 units are useless. Who rents a 1 bedroom, 1 bath? College students...
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We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...
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My team and I sold our first flip today!Started diving head first into real estate in the beginning of 2018 and haven't slowed down since. We found this deal from a DM Campaign. After a few campaigns with no results, ...