I own a condo that I'm currently evicting the deadbeat tenants from. the place is a loser and I dont want to keep it. Problem is I dont have a whole lot of equity in it (about 20k, comps at 180), and if I list with a ...
Here's a "Hack" I use so I don't have to chase my tenants for their rent checks:http://www.biggerpockets.com/blogs/4240/blog_posts...What other techniques do you - landlords, use so you don't chase your tenants for th...
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
Talking with Vivint solar right now about installing solar for all of my 4plex units. Talked to my insurance company and they don't seem too confident with me doing this. They have concerns about who takes care of any...
i've heard a lot of stories about tenants trashing units when they leave and the costly repairs to get them ready for the next tenant. Thought: how about charging one dollar for the first months rent but adding to...
Hello BP Friends!I'm a small investor in Baltimore, Md (4 rentals and counting!) and have a friend who is looking to invest in the Salt Lake City area, so I wanted to get a pulse for the rental market. He's not sure ...
Dear BP members,Recently we took back Vacant property (Deed In Lieu). Now we own this property and want to sell. 1. We have inspected inside and noticed lots of trash left by the previous owner. Should we clean out fi...
I’m looking to close on a 2.7M commercial building in next 6 months. The outstanding balance is 1.5M, I’d like to buy a 2.2 M 24 unit condo complex with profits with a 1031 exchange. 1. What do I do about the 500k dif...
I walked the property today and currently am working on getting it put under contract. This is a 6 unit building in Washington, DC, with a current NOI of $53,000. The current owner has only 4/6 units occup...
I would like feedback.I have a SFH and the same tenants have been there since 2010.I have never increased their rent. They ALWAYS pay on time.The current rent is $1,200 per month. The current Zillow recommendedrent ...