Peter Ricca
Two tenants one wants to pay a year in full, what do I do?
Hi BP Landlords!I own a SFH rental property. Two female friends applied together, a Nursing Student and a Grocery Store Manager. Student has pretty good credit (650), Grocery Gal has no credit history and is building ...
Laurie Chimento
Need student lease agreement that allows for parent co-signs
Hi all!We have a former STR that we had to transition to LTR. (That's a story for another day.) But we found students who need a furnished unit for four months and can pay a higher price for such. I had a standard lea...
Lisa Laursen
Mid-Term Rental Cancelation Policy - what do you do if a tenant shortens their stay?
Hi there!Long-time reader, first-time poster. I'm curious how you handle situations where a guest wants to modify their reservation and leave early? Do you use specific language in your rental agreement to address sho...
Steven E Lasseigne
Property owners vs tenants rights
My wife and I recently bought our first rental property from a turnkey co. A tenant moved in and found out that their refrigerator did not fit in the area for the fridge due to some upper cabinets. So she went to our ...
Peyton LaBarbera
Difference Between Loan types pt2
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?
Shawn M.
Tenant worried that peeling paint might have lead
I just took over managing a property and gave my tenant a new lease to sign and a lead paint disclosure. She replied " you mean my peeling paint has lead in it". I said that I have no knowledge of it does or not I am ...
James Smith
Guarantor's right???
i recently put guarantee for my gf to rent an apartment in NY. now things are not really going well between us and she is also financially tight.
now in case she is not able to pay her rent on time, how much time usu...
Patrick Lindsey
Sell or Refi & Hold?
I'm planning on going to grad school next fall and will be leaving the active duty military. In preparation for this I'm trying to reduce living expenses and debt before I get out in August of 2015. I recently (June) ...
Account Closed
Huge issue with tenants
Hi All, it is going to be a long post..
I have a house in Evanston (sub Chicago). It is rented to 6 students. I emailed them asking if they stay at the house when pandemic began. They did not respond. I have a clause...
Mike Hanneman
Multifam cash flow
I know this is subjective to a multitude of different things, but is there a number that you experienced investors look for monthly cash flow? 4unit -$300, 8 unit- $500, etc...I have a couple properties in mind but I'...