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My tenant is moving out soon. Her lease states that the place has to be left in the same condition as it was when moved in. To avoid any issues later when she is out and its time to give the deposit back I wanted to s...
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Hey BP!
What's the grossest or weirdest thing you've found after a tenant moved out?
I'll go first: we had a tenant who was evicted and kindly left us baggies of human excrement tied to the door knobs. Extremely cl...
I came across this link to day while factual for the most part it can be misleading.
http://www.foodconsumer.org/newsite/Non-food/Miscellaneous/basic_tax_tips_for_real_estate_investors_2905100831.html
First, I thou...
Recently I bought my first house and I had a spare bedroom. So I debated on renting the room out since I live close to a local college. I though it would be easy to rent out a small bedroom to one of the students. But...
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There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
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So, the horror stories of evictions abound. I'm curious though, how many of you have had a smooth eviction? What did you do that made the eviction relatively painless and less costly than the horror story versions?
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When the good times are rolling we often forget to think about the negatives. That said I decided it might be a good time to Stress Test my real estate portfolio, before I went on another expansion/acquisition round i...
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I recently purchased my first investment in the southwest side of San Antonio. I am working with a contractor who has been active in this market for over 10 years and is encouraging me to rent the property by the room...
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Update from attorney Michelle Rawn:Notice to all Landlords: Here is a new pilot program that was instituted by the Kentucky Supreme Court in Jefferson County, Kentucky.
Supreme Court of Kentucky 2020-59 ORDER Re: Jef...
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At a local REIC a local investor made the following offer:The investor has an extensive and well financed targeted marketing campaign (+15K per month). For a substantial upfront fee (well, substantial to me) the inves...