Alex M.
I inherited a terrible tenant, but don't want a vacancy
Actually, I inherited THREE terrible tenants. But one is causing me more of a pain than the other two put together. Here's the summary of my three tenants:1. The continually late nice guy - artist. living paycheck to ...
Matt R.
mysmartmove recommends accept - credit score 550
hey bpers, just curious on your expectations as compared.
Mysmartmove recommends accept without conditions for $800 a month.
Lets assume the rest checks out, job, previous landlord etc.
Is this ac...
Tina Lee
Would you kick someone out if she keep paying rent late
One of my tenant, Her rent is due on the 1st and 6 out of 12 month pays rent late. Usually by the 2 Nd and third ,one time on the 12th after I told her if she doesn’t pay me on time and not repond ding my text I will ...
Ashley S.
Should I buy my parents house?
Need advice. Here's the scenario..... My elderly parents want to stay in their home as long as possible. They are struggling to make ends meet from month to month because they owe $250,000 on their house and have a ...
John Gregg
Flipping Insurance
Hello,
I am a long time reader, first time poster. I've renovated a few houses in Washington DC for investment purposes. On my last project, I started searching for insurance for the renovation/selling time...
Naveen Desai
How do I go about this? 40%equity commercial loan 30 yrs @ 4%. and want to reduce monthly payments
Hi, I have a loan ( commercial) @ 4% with 40% equity built in and remaining payoff about 117K. I would like to reduce my interest rate and also reduce monthly payments. Thinking of refi with 5 yr ARM. I know I can...
Caleb Anderson
Tenant Backing Out of a 2 Year Lease After 3 Months!
Hey BP community!So my tenant is backing out of their 2 year lease, and they've only been there 3 months. The reason for leaving is "getting married and moving in with new spouse". My cash investor owns the home, and ...
Ben Morris
Should I sell a massively cash-flow negative property?
I have a property should have been a winner but ended up being an ugly monkey on my back for the last 8 years. It currently loses about $1k/month which is about what the principle payments are (yes, there are 2).I bo...
Andrew O.
Increasing Rent Process
Good afternoon,
I recently purchased a fourplex fully occupied and all tenants are month-to-month paying under market rent. I want to increase their rent and I have a letter written explaining the increase, but I w...
N/A N/A
Lease Option agreement fell apart
Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...