TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
What would you do? We have an artist community here and I've had a new tenant (white) and her boyfriend (black) sign a lease last Friday. This is in a historic black neighborhood - it's important, you'll see. They gav...
“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
Hi,I am a new investor and actively looking for deals. I have researched some of the HML's and didnt' really like to percentage of "skin in the game" that is required upfront. So, I decided to go the PML route. I a...
How did this weather affect your properties? Or why does anyone like winter?Besides all the snow that we are getting this year (here in Philly we had 5 snow storms and super low temperatures, 25-year low). I got my fi...
Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)
The real estate market is often the subject of speculation and forecasts, some predicting downturns or even crashes. However, based on my extensive experience and observation in the field, I believe there are strong r...
Hi guys,
I need some urgent advise.
I am experiencing something that I didn't think could be the case.
I am about to close on a condominium in Virginia Beach and am completely out of sync with my buyer side agent....
Hi there BP world,My name is Rafi, and I joined BP a few weeks ago, but it's taken me a while to introduce myself. Basically, I'm an Aussie, living in Israel, interested in US real estate.I sort of got into RE by acci...