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I own some rentals in blue collar areas. Some houses are notorious for being occupied for 3 months no issues, then late payments, then partial payments, then no payments, and eviction. They cash flow excellently whe...
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During a recent inspection (multi year tenant in C+ area), my tenant said they bought a new bigger fridge on sale and would like to move the provided fridge out and move their fridge in. The fridge provided is a nice...
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I have some very good, professional renters in my place. Have never paid late or had any issues. They have been there for 2 years. The wife called me yesterday and told me the a/c was not working. Company comes out to...
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Hi all, my wife and I are interested in purchasing a rental property in Aurora (just outside of Denver) and renting out each room individually. We already have rental properties in the area; all of which are rented as...
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I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
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can someone throughly explain cash back at closing? more specifically, how the deal is structured? what the lender requires?
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I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
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Hello, I am from Tennessee and I am starting on my first rental and I have a couple questions:
1. I would like to know the steps I would take if my tenant does not pay and has to be evicted. Tennessee requires a 5 day...
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I am terminating one of our tenants lease at the end of September and just wanted to see if there were any suggestions/tips members might have…both to make sure the process is correctly followed and also to keep any h...
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Hi folks,(Posted this before under a different category then found this one, didn't know how to move it)I'm considering moving to a bigger house and my decision is part will be based on how to make the deal work in my...