We are are first time multi-family property investors. We have run into a problematic situation. The property we are looking at has 2 units and both are currently occupied. They are both paying way under market value ...
For those looking for my background and story I have that first but if you're just looking for the tips skip on down below, but know that you are crushing my soul =)My StoryIn 2010 I was living in a small apartment in...
If I am going to require a 600+ credit score for my rental, does it need to be put somewhere in the lease? Or would I just list it in the description when marketing the property for rent?
I have property that i have recently rehabbed and that I am about to being marketing for tenants through my PM. While I am a big fan of using a PM for day to day activities, the first month's rent that is charged fo...
Hello,I help manage an apartment building for my parents in the (not-rent-controlled part of) San Francisco Bay Area.We gave a woman a six-month, end-of-lease notice (my parents were extra nice and gave her more than ...
My tenants that enter the house in May were paying okay, but in September they start paying late and in October they asked me to pay a partial amount because they had car accident and he in the hospital and I accepted...
Gentle lurkers,If you've been lurking around here in the forums long enough, you learn that there is a clear distinction between those people who post things from a place of knowledge and experience, and those people ...
I was that guy that was buying one or two duplexes a year over 5-6 years.
That worked well on the cash flow and financing front.
Then I started listening to a podcast by someone on BP. (Can’t mention his name because...
Hello all, I've searched the forums on this topic but can't find it. We are newbie landlords going on 3 months now. We have a planned trip during the first week of March - can we ask our tenants to pay rent early? How...
Hello everyone,I recently had a peculiar transaction with a tenant. One of my units became vacant and I advertised it and found a new tenant. This tenant had a 700+ credit score, no criminal background, and had ever...