Steve Sherman
Unknown non-renters staying in my 4-family's basement. What now?
Hey BP! I recently purchased a 4-family in an okay area of St. Louis and with the building I've inherited 4 tenants. A month into ownership, a few neighbors started complaining about the neighbor from one of the units...
James Shaffar
His name is on the Deed
New to REI but have been around it for 20 years. Found my first home and the wife is ready and willing to sell to avoid foreclosure (house is going to auction in 6 weeks). However the husband is in jail awaiting trial...
Carolyn Kreeger
Pot or Marijuana Growing - Language in the lease
I am working to rent my first property in Littleton, CO, and I am wondering if anyone in the area includes a "no-grow" policy in their lease agreements. Has anyone approached this and what are your thoughts on includ...
Sandra Sunshine
Occupant on House Arrest- The plot thickens
Hi all-
The plot thickens and as I am waiting for a reply from my lawyer, I thought I would see if anyone has knowledge of this issue.
Today, I found out that my horrible tenant is keeping someone at the house on ho...
Ryan Luby
How can we avoid an eviction here?
Hey BP community, looking for your thoughts here on this matterWe have a buy & hold, 2-family under contract finally at a price where everything makes sense for us.1 unit is vacant, 1 unit is occupied.We are still...
Michael Shadow
Drug use and contacting the police
I went to one of my apartments today walked in the door and could smell weed. I knew which apt it was coming form so I knocked on the door and asked the tenant if anyone in their apartment was smoking weed, I knew th...
Don Hines
Meth Head
I had the thought last night to see what kind of experience might be out there with fellow BP'rs.....
I will try to be as breif as possible. My wife and I sacrificed a lot of energy, money, emotions, almost our marria...
Keegan Darby
MFH with 12.61% CoC ROI self-managed
I'm looking at a duplex for $170,000. Rent is $700/unit. My monthly cash flow would be ~$458 after utilities. Leveraged ROI is 16.2%. However, the CoC ROI ran in BP would only be 12.61%. Worth it?
Robert D.
LLC and its assets and lawsuit
Lets say I have my little LLC. I separate my personal from llc bank accounts. I keep records, the LLC is alive and does not only live in my desk drawer. I buy properties in the name of the LLC I sell in the name of th...
Jenny F.
You put your WEED in there...legally!
After YEARS of brainwashing by the government and public school systems about marijuana, guess who's soul has a price? California! Apparently the price is $1 BILLION dollars in tax revenue that they COULD bring in b...