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My colleague Nick Ikonomou and I share some common beliefs about the traits which are found in virtually every successful person - especially in real estate investing. Nick shared them with his friends, and I am now d...
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I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...
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I've been thinking about turnkey properties and one thought keeps popping up in my mind and I wonder if it's valid...since these props come with a tenant already installed, have some made a side deal with the tenants ...
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We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
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I've been a landlord for seven years, but I'm just curious about what the rest of you do. I always feel a little uncomfortable in this case. Okay, let's say today is Tuesday. You talk to Person #1 on the phone, pre...
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In a couple of weeks, my wife and I will be closing on our first rental property (2 unit, duplex) here in Toledo, OH. We are excited to start our journey in rental property investing! I wanted to reach out to see if t...
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I was talking to my agent today. He. told me 3 things. In your experience how accurate are they?1. Anything that appears to be a health or safety hazard on a potential property needs to be repaired BEFORE it qualifie...
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Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
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Need some urgent advice, today if possible. Our tenant's lease ends on 3/31, it is paid up through the end of the month. The new tenant's had a lease that was to begin on 4/1. The new tenant contacted the original ten...
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I have gotten my first deals from the MLS, but have noticed a few neglected homes while driving around my hometown that I want to send some letters to. This is my first attempt at generating leads in this manner and I...