Hi,I am purchasing a rent controlled property in Los Angeles. I wanted to know if there is a way to get rid of one tenant. Is there anything I can write in a new lease to have them leave after one year of anything..Th...
Hello BP,I'm a 1st time landlord. I am in the process of renting out my current SFH. I will be moving to my new house in a few days about 45 minutes away. I have in a fairly tight knit neighborhood, and one of the pre...
I launched an STR this past June in Cleveland, Ohio. Now that we're entering the slow season, we're experiencing a significant dip in bookings. Given Cleveland's cold winter weather, this downturn wasn’t entirely unex...
I’ve heard a lot about investing in real estate notes and paper. Is that investing strategy about buying the mortgage on a property and collecting the payments as income or am I misunderstanding? Any insight into this...
Offer your tenants a 15% reduction on their rent for paying cash up front for the year. They don't have the cash so you have a lender lined up to loan them the money. Even if their credit isn't good and the interest r...
Hello BP,Im reaching out for advice as I am unsure of how to raise rent with my tenant. It's a month to month verbal agreement with a good friend of mine. He pays every month and we've had no issues for the past 7-8 m...
Has anyone found a way to rent storage space (outside of a tenant's unit) to get more income? Looking for real life stories. Thanks
I owe like $80k on a rental that is worth maybe $60k. It has been a dog for years and costs me money each month. I have owned it for almost 10 years and would just like to get rid of it. Is there any chance the ban...
I took part in a deal in South Florida where the seller financed his home at a steep discount to the appraisal value, in exchange for the right to live there for a few more years. The purchase price will be paid in an...
I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - d...