I've been on here a couple of days already and I'm loving the discussion. Ok. I'm really just getting started in earnest. I have one property, an older but stately three unit in the downtown area of my home city. I'...

Hi,I need some assistance in resolving this situation.  I have a 4  unit house in Hensonville NY.  It is a two floor house.  My first floor unit has water leaking in through the wall and into the electric outlet.  In ...

I have a Tenant that I inherited. Their lease is up at the end of July. I mentioned to the Tenant about signing a new 1 year lease, but they told me they are looking at other apartments and will be moving by Fall. The...

I am looking to purchase my first home to live in one room and rent out the rest. Also, it is a hot market and hard to buy. What are your best suggestions on financing or purchasing a first-time home, and additionally...

Hello all. Got hooked by listening to podcasts, now I want to kick my investing to the next level after I move from Alaska to Kansas. After my dad passed away in September I realized that I need to be closer to "home"...

HelloI am not a building science expert but I sparingly use my air-conditioner during summer on most occasions a fan best works for me.But since fan doesn't get rid of the humidity from air inside home,would it impac...

Hello BiggerPockets network! My name is Chris, I am a pilot in the Air Force and will be moving to the Southern Delaware area (Lewes/Rehobath/Dewey) in the next month and looking to build a real estate business while ...

Great cottage property in wonderful area went in foreclosure- auction takes place in 3 weeks. current owner will need to be evicted by new owner, no idea what shape he will leave the place in, being as angry as he is....

We have a dog (black lab) and just had carpet scrubbed and shampooed this week (carpet is about 4 yrs old). 2 days later (to allow plenty of time) I came back and discovered that the carpet smells like wet dog. The sm...

Background:
Good tenant, pay on time. Property was in good shape when I inspected.

Tenant asked for rate reduction. Area rent rates are flat to very slightly down from last year when they signed.

Tenant is asking...