Alicia Marks
QOTW: What is your “dream property”?
Welcome to our "Question of the Week"! We have all likely looked at, or even bought a fair amount of real estate in your career. Despite all that, we all have that property type that would be our dream. Do you own it?...
Sean Kuhn
Tenant wants month to month lease
An existing tenant I have wants a month to month lease. I'm okay with that. What's the best way to do paperwork so I don't have to meet with them every month to sign a lease.
Pablo Avila
Driving For Dollars but without the Driving!
Using your city's 311 service you can "Virtually D4D" to find off market deals that might not be in commercial realestate software such as propstream/wire/listsource, etc.. that everyone uses. Look at your city's 311 ...
Jessica F.
Tenant wants to terminate lease mid-way with probable cause in Philly
I am looking for advice for how to proceed if a tenant wants to terminate a lease midway into the leasing agreement without probable cause to leave. This is for an owner occupied duplex. Tenant in question occupies 1s...
Troy Hebert
Would You Do This Deal? NC Vacation Rental (Outer Banks)
Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Randall Kates
Do You Raise Rents Every Year? Why Or Why Not
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
Bryan Hancock
At What Point Does Someone Become Rich?
We have a progressive tax system in this country that supposedly taxes the "rich" more than common folks. I was wondering at what point someone magically becomes rich and should shoulder the burden of carrying others...
Jarrett Harris
Start Eviction Process or take Tenant's word
So I'll try to make a long story short. I have a tenant that I inherited when I bought the property back in October. They have never paid in full or on time. Their lease runs out the end of this month and I told t...
Kevin Whisler
Quadplex seems to be cashflowing 1k a month. What am i missing???
Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
Javier Bustos
Property management companies. Pros and Cons
Hey everyone,Getting started in REI here. Haven't bought anything yet, still doing research. Can anyone give me the story on management companies? Should I use one or not? How do they make a profit from my (future)hou...