Frank Rizzo
How to have a business sign a residential lease
Hi, I found a potential tenant who has an arrangement with their employer that the company will pay his rent as part of his compensation package. I spoke to the owner, he is willing to have the company co-sign to make...
Jeremy Hunsberger
Advice on purchasing mid-size apartment complexes
Hello all, so my goal is to buy apartment complexes. I would love to hear any stories, advice on purchasing properties 20+ units. Advice on best place to find financing would be appreciated too. Thanks!
Alex Del
Tenant Remaining Post closing
Hi all, I am looking to go under contract for a property that has 2 units and needs some work to bring it up to speed with what the current market in the area offers. However, in the unit that needs the most work, th...
Austin Snow
Tenant wants to break lease - what would you do?
I’ve run into a situation with a tenant that wants to break the lease, wanted to throw it out there to see what other folks would do in this situation.
Tenant signed a lease active from 9/1/2019 - 9/1/2020. The wife...
Keeya WangJones
Furnished Rentals vs Empty Rentals
Hi BP,
What are your thoughts in furnishing a unit in a college area? Ideal tenants are students or professor. I was thinking of getting basic IKEA furniture.
Typically, how much mark up for furnished unit?
If you...
Jim Rivell
First Portfolio Acquisition with Occupied Properties
BP,
I'm working with a seller to buy his (4) single family units, all of which are occupied. This is a first for me and wanted to ask for advice. Anything specific I should be looking out for that isn't covered in th...
Aubrey H.
Charging Fees to Tenants
As we are growing our rental business we would like to keep out properties looking nice, clean and kept up. Do you charge a fee for things like not keeping up with the lawn work or having trash in the yard?When a tena...
Yuriy Tymoshenko
Refinancing Multifamily (quad)
Hello, Board.I want to reach out to your for the opinion. I own quadplex that is completely paid off. I want to have refinance the property in order to have cash in case that I want to buy another investment property ...
Dan Powers
Darby Rental Package
Investment Info:
Single-family residence buy & hold investment in Darby.
Purchase price: $55,000
Cash invested: $5,000
This property was part of a package deal with another darby property right u...
Ryan Z.
How to maximize DTI for new conventional mtge?
Hi BP - Hoping for some guidance here. I have 1 cash flowing rental property (FHA mtge as I used to live there) and I'm currently leasing the place where I live now. In the next few months, I'm hoping to buy and mo...