Jarrod English
Newly finished basement suite; lease/rental questions
Hello,
I've finally taken my first step towards real estate investing and have a finished basement suite in my home. It has a separate kitchen and laundry. Now that the basement suite is done, I'm thinkin...
Michael L.
Unpaid Rent - Tenant Moved Out
Dear Experts,I had a tenant who was two months behind and under the threat of having an eviction on his record agreed to voluntarily move out and pay the owed amount at a specified later date. I drafted a document usi...
Ryan McKay
At what point is it affordable? (bringing in the pro's when you have one property)
Hey folks, long-time/first-time!I'm fairly new to "the game" with one property in Murphy, NC and not quite 4 months of operations under my belt.Tax season is coming up and - as a newbie who is not yet cash-flowing (we...
Alexandra Preziosi
College towns
I am under the impression that an investment in a property in a college town will have instant demand for renters. Is this a fair mentality to have when assessing whether to purchase a property in a college town? In a...
Mike Brody
Advice on Renting w/ an Eviction
My brother is a US Army veteran who was evicted due to a government shutdown six years ago (he receives disability) and is finding it really hard to rent. Am now helping him financially, and even offering to pay 6 - 1...
Kim Handelman
First Direct Mail campaign - Failure
Hi All,I recently sent out my first DM campaign. 374 pieces to absentee and out of state owners with 60-100% equity. It hit homes on 11/17. I have had NO responses. I know the whole idea of having to hit people with m...
Aimee Knier
Coffee with tenant to discuss late rent?
I just read an article that made a recommendation that I found weird and not a good idea, and want to get an outside opinion. When your tenant has been consistently late in rent and is clearly in danger of eventually ...
Jessica Eden
Discouraged, intending to become first time house hacking
Hey everyone!I'm looking for a little encouragement/advice on my situation.My goal is to house hack my first home purchase (because I simply don't see any other way to get into investing with my income). My issue is I...
Robin Lambert
New to Long Distance Rental Property Investing
Hello everyone! My husband and I are new to real estate investing. We have been researching a lot and are anxious to get our hands wet. We live in Northern California so investing in our area (and California in genera...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...