Stacey H.
Repairs taking longer than expected
What course of action is recommended if a repair due to water damage is taking longer than expected? The renter is getting irritated by the delays (due to the construction company), and some of the property hasn't bee...
Account Closed
Lower Rent for Longer Lease
Hi all!I was just wondering if anyone has ever given a break on monthly rent for a longer lease agreement. If so how much is reasonable? Typical rent for a 12 month lease would be 1,100. What would a good price be for...
Paul Smythe
Longer-term VR, any drawbacks?
I feel like I've read that you want to keep vacation rentals under 30 days, but I can recall the reason why. I've got a two month inquiry and wanted to see what the BP community thought. Are there any reasons why?
Katie Stone
M2M vs longer term lease
We have always done a 12 month lease automatically going to a M2M after. Reading many of the posts on BP I see some people like the M2M lease better. Why? Are there any cons to the M2M? Getting ready to rent out a l...
Darrion P.
Cap Rates No Longer Exists.
That's what the broker told me!
Really? I replied. Yesss! He responds. The whisper started at 6mil, offer settled @ 6.3.
Well, congratulations. What's your level of certainty it will close.
I'm pretty confident!...
Christopher Abele
BP wealth Magazine no longer?
My wife bought me a 1 year subscription only to have BP Publishing cancel it on my second issue.Are any refunds being given???
Adam Arkfeld
Longer-term STRs (28+ days)
Is anyone doing STRs exclusively for 28+ days?I have an STR in Mesa, AZ, and got a longer-term tenant from January through February who is paying me close to $6k per month. This is about $1,500 more than I get with th...
Bradley Mischke
Decrease rent for longer term?
I got asked if I would decrease the rent for a longer term (two years instead of one). Just wondering how many of you out there would decrease the rent from $1300/month to $1250 for a two year lease instead of one. Af...
Keegan Darby
Insurance when no longer insurable
Looking to obtain new insurance on a rental property. I was dropped from the previous insurance company due to having 2 claims in the past year (even though I have 29 other properties insured with them). I’ve called s...
Trevor Martin
Higher Rent vs Longer Lease
I'm renting a single family home. I've had quite a bit of interest at $1150/mo and think it would be relatively easy to fill.
I just showed it to a prospective tenant that pulled up in a $75,000 Mercedes and said he...