I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
How are landlords managing the impact of Coronavirus on a tenant's ability to pay rent? Due to quarantines, social distancing, etc., a lot of businesses, employees, and business owners are likely to have dramatically...
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
What is the best and most polite way to word this letter to get the rent and keep the tenant??
Full disclosure -- I knew things were probably coming to this. I've had to send overdue notices several times this year, and a notice to quit twice (this is the third). I tried to work with my tenant but they simply d...
Good morning BP,I own an STR in the New Orleans area that is listed on airBNB and VRBO. I used Pricelabs to set my nightly rates which dynamically adjusts rates on a daily basis. Might nightly rate is currently set to...
I got in a car accident several months ago. I was found at fault, and my insurance only covered the minimum which is around $20k, but the person claims she needs surgery and requires $200k , she's getting a lawyer to ...