John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
Carl Petterson
Tenant jacked up the toilet, do I charge her?
I have no idea how, but somehow my tenant moved her toilet half an inch. She either hit it somehow, or pushed it, or super hard plunged it, I'm not sure. But every time she flushed it, the water would rush/leak into t...
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
Sam Chainani
Buying defaulted mortgage notes directly from banks
I came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help. Thanks, Sam
Contact homeowner in pre-foreclosure. When you first appr...
Sean Tippens
Unknowingly renting to illegal immigrants ......
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Charles A.
Why I sold Cleveland.
What's going on BP!It's been a minute.I wrote previous member blog articles about transitioning from duplexes and four-plexes into apartment building investing. We did that in 2 markets simultaneously:Jacksonville FL ...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Shalom Afraimian
Sellers agent - a need or a rip-off ?
Lately I have started to list my properties by myself. When saying by myself I mean either a flat fee service or using a realtor that his name is on the listing but my number and email are there and all communications...
April C.
My Plan: Please poke holes in it :)
Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
Patrick Connell
Are Slumlords really that bad...
I was driving into the office today and had this thought.....are slumlords really that bad? Hear me out and then you decide.
I think it's safe to assume that most of the folks on BP would consider themselves ...