Chris Pastrana
Interested tenants and slumlords
I have a situation unfolding and even though I have a feeling about this already I felt like asking other landlords for their advice... and it doesn't hurt to add stuff like this to my knowledge base. I'm from...
Beverly Mims
Qualifying New Tenants
My husband and I own rental property. We have 133 units and qualifying a tenant is extremely time consuming. I've read about RentPrep and see that they have actual agents who review your applicants and do the legwor...
Asury Johnson
Short term rental amenities
Hey guys! My husband and I are prepping our 8th STR. We have been hosting for almost 2 yrs and love it. When we started we had a small budget and couldn't go all out with the fancy amenities. We have made lots of upda...
Joel HusVar
Looking to start I have a few ideas which ones are good/bad
A friend and myself have decided it's time to start buying properties due to the fact my local market is in a bottom market and interest rates are so low, it's practically free money. I feel in my market it's best to...
Job Mathew
How to cancel a Wholesale contract, if "Title" hasn't been open?
Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...
Michaela G.
What to do about this tenant?
I thought I've dealt with everything, but obviously not. So, we've started this artist community and a guy applied and wanted to move in with his roommate, immediately. We got both of their applications (2nd roommate ...
Jared Kluver
Subject-To Newbie Question
Hello Community Members,
I understand the basics of a Subject-To deal (taking over the existing mortgage in place). I picked up some learning materials and it said one of the first things to do in real estate invest...
Tim C.
Bad Tenant Case Study - Advice?
Quick case study I was hoping to get a couple of updated opinions on.I inherited tenants in a duplex I just purchased. Long story short, I honored the existing lease which had a low security deposit (<50% of rent),...
Joey Nakayama
What would you do? Inheriting tenant with under market rent
It looks like I’ll be closing on my second 3 unit property in Chicago June 1 (finally!). Two of the units will be vacant by closing, and the third unit tenant’s lease expires May 31. This tenant would like to stay, an...
Paul Hormann
Two tenants - can one terminate the lease for both?
I have a rental with a couple on a month-to-month lease. The couple broke up and the woman moved out and now she wants to terminate the lease, but the guy wants to stay. Can one tenant terminate the lease for both te...