Nicho C.
Tenant wants to break lease due to AC
Hello BP community,
I am currently renting a home to a family that has been in my unit for about 3 months. Since they've moved in there's been numerous complaints about the A/C not cooling to the desired temp and ma...
Corbin Revell
Tips for beginner attempting to wholesale and have cashflow through rental property
Hello there BP, I'm looking into wholesaling in my local area if not out of state (we'll see in the near future). My plan is to get into a fourplex property using an FHA loan while making 1-2 wholesale deals a month ...
Negar P.
Confusion in understanding the code in my city's ordinance
Hi all,
My new property is located at Mission Viejo, California. It is a single family home separated by its adjacent neighbors with masonry walls. I have been told that to convert an already existing window to a sli...
Mary Ann
Is a condo or a townhome a good investment in Orlando now?
Is one better than the other when it comes to renting out? I am not thinking of a SFH until prices drop. However, for now the strategy is to get a condo (or townhouse!) and then buy SFH in a year or two. I just want ...
Shilpa P.
Landlord/ Tenant dispute
Hello, I need your help or pointers to move in the right direction. My tenant is moving out and couple of relatively major issues have been noted. 1) lot of condensation on one window which the tenant has never disclo...
Carrie Pledger
How well-maintaned should I keep a home?
I have two duplexes. As soon as I bought them I made improvements. I wonder, how many improvements is advised for a rental property? Do I keep it as nice as my house or do I do the minimum possible? (For example...
Nick B.
10% economic vacany - is it sustainable in the long term?
Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
McKellar Newsom
Has anyone used reverse deposits to get tenants to take care of their units?
Kevin Yeats commented on my "Disadvantages of Section 8" rental blog. He asked about providing "reverse deposits" as an incentive for tenants to keep their homes clean and maintained. He suggested giving $200 at t...
Melissa Kaatman-Boettge
Setting up to scale - Series LLC in Missouri
Hello, I am working on setting up an LLC to purchase our first investment property (a 4-unit). I have read about series LLCs in Missouri, and I think that is the direction we will take. Since this is our first investm...
Mike Parks
reserve account placed on hold without knowing
ok im not quite sure if anyone other than an attorney can answer this question but Ill give it a shot and see what responses I get.I have been doing business with a local credit union in my area for a couple years now...