Jeremiah H.
Do you prefer to collect late fees or not have them at all?
I got into a discussion today with a local property owner that manages most of his properties in house. He loves the fact that his tenants typically pay late and he collects late fees. It got me thinking about the var...
Account Closed
Tenant Lying About CHICKENS on the Property - Evict or Not?
Hello!I have a tenant in one of my duplexes who told me on her lease application she only planned on having one small dog on the property. The lease contract says explicitly NO PETS unless otherwise put into writing. ...
Megan Hirlehey
Pros and Cons of renting to traveling nurses?
Hi BP,I've done nothing but long-term rentals up until this point, but with everything going on, I'm wondering if this is all increasing the need for traveling medical professionals?Do any of you specifically rent to ...
Phillip M.
Freddie Closing Fee
I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
Shari Posey
Didn't do pre-move out inspection & tenant wants to sue!
As first-time landlords in California, when our "nice" tenant moved out, we didn't think to give a pre-move out inspection. We didn't know we were supposed to. On the morning the tenant moved out, the property was lef...
Raquel Baranow
Tenant painted room, I'm scared, sad, what to do?!
I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
Tony Corven
Anna Maria Island- Runaway Bay Condo 1801 Gulf Dr N, Bradenton Beach, FL 34217
Hey everyone!My wife and I are starting our investment journey and have our heart set on Anna Maria Island for our first STR/BRRRR. We fell in love with the island as a family and know it pretty well now. We recently ...
Andrew Hejtmanek
LLC Cash Out Refi - Can You Get 30 YR Amorization
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...
Collin Hays
Top 10 guest calls for help so far in 2022
I am always fascinated at the things guests encounter at cabins in the Smokies. We keep a log of things that we have physically had to go out and address. So far for 2022, this is our "ESPN Top 10" list:
1. "There...
Roland Park
Upside down rental property
Hey. I have a upside down rental that was my first house. Bought it on the high side right before the housing bust. I refinanced it once to get the payment lower because my family was growing and we needed a bigger ho...