Cory Adams
New tenants fist check NSF, second month rent late and pet violation
Fellow BPers how might you handle this situation:a young couple had good references and rented a unit from me. First check couldn't deposit as it was a starter check (not their fault). They provided a second check r...
Henry Lazerow
So many value add buildings selling at higher total project cost then ARV
I have noticed an interesting trend that's been more and more common since about 2018. Buildings selling for example $300,000 which need $150,000 of work but the ARV is only $420,000. Maybe people buying and not fixin...
Account Closed
Has anyone tried the "public bid sale," aka "round robin auction" or 5-day sale method?
Many real estate courses talk about this in some iteration or other. a realtor Calvin Curry is promoting his "sold-in-a-week" method based on the same concept. I got books by Bill Effros and William Bronchick that out...
John Bradley
Inheriting tenants on my first deal - what does day 1 look like?
Hi All,I close on my first 4-unit soon and am looking for tips on what to expect day 1 as a landlord to look like?Do I go door to door and meet the tenants? send a letter?
Kyle Pettit
Rules on Advertising for Private Lender
What are the rules for advertising to attract private Lenders. I've attempted contact with 2 different sec attorneys, and I just get the run around. Can I post something along the lines of: "Current investment opportu...
Jansel H.
Legal rights for condo rentals when building allows only 10%
Hi Investors! Newbie is here 🙋🏻♀️bought my first condo in Minnetonka Minnesota planing on renting but the building allows only 10% rental. It’s about 12% right now They are trying to minimize renters in the building....
Stone Teran
Filing an eviction a month after notice
I put an eviction notice on the door of a tenant on July 7. I was stupid and believed her excuses (and I had several vacancies coming up) so I didn't file the eviction. Now it's August 17 and it's clear that she's n...
Alex S.
Is it a good deal for an all-cash offer?
I recently found an on-market move-in ready townhouse in Phoenix AZ which doesn't have a super high cashflow (my target is 8%+) but it's close to it:- Cash to invest: 177k (175k purchase price + 2k closing costs)- RTP...
Ryan Millsap
STR regulations for City of Jacksonville, Florida
Does anyone here have a short-term rental (STR) in Jacksonville, Florida? I have a long-term rental (LTR) in Avondale that I'm wanting to furnish and turn into an AirBnB/STR. It has been tough to find anybody with the...
Stefan Daniels
Deal Structure for Portfolio Deal
Hello. I am a new investor with under 5 properties. I have a great portfolio deal and would like to tackle it, but I do not have the capital or profile. I am very open to a partner that brings the capital/profile but ...