Charlie Moore
Tenant refusing to cut grass.. what should I do?
The woman in the townhouse I own.... will not cut grass and now township is on my ass How should I handle this
Christine Wagner
Mack companies Chicago
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
Gerry Harris
100k in the bank and 100K in debt
Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
Dave Mosher
What is your goal for monthly cash flow after mortgage?
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Bryan Stocklas
Seller suing me for backing out
Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...
Michael H.
Sending introduction letter to new tenants.
I'm about 2 weeks from closing on a 3 duplex deal. The other real estate agent has been a real pain to deal with this entire process, mostly due to her extremely slow response time (to the point where I think she's sa...
Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Tyler Speelman
Residents found a house they want to buy and want to break lease
Hello,
Resident wants to break lease because they want to buy a house. I told them no.
Their lease expires April of 2020. They then asked to leave in January, but also pay the balance on the remaining months on le...
Joseph M.
To Get a Permit or Not to Get One
I am renovating my primary home that I plan to live in for 10+ year and probably much longer than that. We have had multiple contractors and others suggest maybe not getting permits due to the fact that the house is i...
Jack Ropp
Investing with Student Debt
I am 23, just graduated from business school, I worked and played baseball so I only have about $8,000 in student debt. I am currently working a job making around 40K a year and am renting a place with some roommates....