John Simerson
Rent doesnt make mortgage in california, should i sell or hold?
Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...
Justin Harrison
Tenant forged ESA letter from doctor
In a nutshell, two tenants didn’t disclose a pet until confronted a month into tenancy, said they were finishing up paperwork to register it as an emotional support animal (ESA), and then sent in a forged signature fr...
Joey Andres
Attitude/Personality Needed For Rent Increase
Hello,
I have scoured the forums for rent increase posts. Most of them focus on how much to increase and what not. Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the val...
Sandra Sunshine
Disclosure issue- Seller
Hi All,
I was served with an Answer & Discovery by my nightmare tenant.
BTW-The house is on the market and tenant scared away potential buyers, even though he agreed to a showing, he intimidated them via his ver...
Ayodeji Kuponiyi
Can I buy investment properties now or wait until I bought a personal residence?
Helllo fellow BP members!I'm looking to invest in Philly universities area and potentially Buffalo, NY however, my wife and I are currently looking to buy a home as our personal residence. Should we wait until we have...
Steve Rozenberg
How to Prevent an Eviction
How to avoid the problem tenant and the inevitable eviction. First always make sure that you have strict policies and procedures on screening your tenants. And more importantly make sure that you follow them.Always do...
Mason English
Potential FIRST rental property. Good or Bad Deal? HELP!
Hey guys! I want to get my first rental property this year (as soon as I can really), and I want to know what you guys think about this option. Long story short, my grandma lives in a small town in Texas, and is selli...
Matt Spenn
Competition in Direct Mail Marketing
Hello everyone,
I am fairly new to real estate investing, and I wanted to get people's opinion on direct mail marketing and competition. I recently did a mail campaign, and only got about .5% response rate. I...
Jon Burns
My tenant is becoming a serious hoarder, lease has 4 more months
I've bought a couple hoarder homes in the past, they were the types of homes that rewarded you with experience. It's one thing when I am buying a house in that condition, because I am thinking of the the pot of gold ...
Account Closed
Section 8 Tenant has not paid tenant portion
Our section 8 tenant had a death in the family, and unable to pay this month's tenant portion. As a new investor, I wanted to begin prepping for what to expect going forward. We did issue a letter (reminder) of paymen...