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Results (8428)
Ryan Standage Understanding the 50% rule
4 December 2007 | 3 replies

I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%

my old way includes

Property tax x 12
Mortgage insurance x 12
Re...

Amir Navabpour Peerstreet vs. Patch of land
24 February 2019 | 6 replies

I have money invested in both (investing in notes for slices of their loans).  Previously, I noticed alot of discontent among posters on BP about patch of land, but I haven't had any problems (granted I only have one ...

Abraham Anderson Motel, Weekly Rentals, Evictions
9 August 2022 | 4 replies

I'm trying to turn around a motel (located in Tennessee, Sevier County). Currently it's weekly rentals. Most of the tenants do not have leases. There are several who have no intention of paying & need to be evicte...

Sarah D. Withhold from deposit for insufficient notice to vacate?
23 February 2018 | 19 replies

Can't decide if this is a good business decision or a petty decision.Tenants provided 17 day notice to vacateTenants were advised that they are in violation of the lease by not providing 30 days notice.  Tenants come ...

CJ M. When does someone who breaks in, become a tenant?
17 April 2020 | 9 replies

I've heard the horror stories on here about squatters and how people have needed to go throughthe eviction process, even though there was never a lease in place.Might be a dumb question, but at what point does a squat...

Sawyer Smith I need ideas for a tenant point system!!!
15 November 2019 | 18 replies

So one of the big things We want to do as a Land Lord is building relationships with our tenants through great customer experience. The goal of this is to build a brand for us in our community and cut down on vacancy....

Todd F. Breaking lease early
10 January 2014 | 16 replies

I currently have tenants who came to me and asked if they could break their 1 year lease early. I do not mind because they have been in the house since I bought it over a year ago and I would like to do some renov...

S Harper Damage Deposit Itemization - how detailed do you get?
5 September 2017 | 9 replies

I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late).  He and his family have been very difficult with the move out;  his son has told me he wil...

Braden C. When a Wholesale Deal Falls Apart
18 June 2013 | 1 reply

I’ve been very fortunate to have done several hundred wholesale deals that have gone very smoothly. It’s not uncommon for issues to come up in a deal but I can almost always find a solution. This is one of the few tim...

Rufus McLaren Lease Options in South Florida
20 July 2018 | 3 replies

I am a broker in Fort Lauderdale. I have an agent with a client that wants to sell a rental property that she is breaking even on. She bought the property in 2004. (Note, I mentioned a similar scenario in another shor...