Curt Smith
Difference with a lease + contract for option?
I'm tweaking our owner finance program our company has been using as a way to find good folks but currrently have bad credit. We've found selling when you say "owner financing, wrecked credit is ok" has many advantag...
Vik C.
Can Turnkey + Landlord-driven Tenant Screening coexist?
Hi guys,I am getting ready to invest out-of-state since I am focusing on buy-and-hold positive cashflow properties and I live in NYC, which isn't good for that kind of thing. I am fully willing to accept a lower CoC r...
Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Anna Flores
Tenant caused damage and is trying to Jedi mind trick me
Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...
Andrew Syrios
Kansas City Tenant Bill of Rights
Hello fellow Kansas City investors and property managers (and everyone else for that matter), I think it's important to make you aware of the Kansas City Mayor's Special Committee on Housing Policy which will be holdi...
Cecilia Ann Jones
Need advice: Taking too long to find renters
Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...
Sarah Jones
Subject To Purchase ... How To Guide
I'm in Los Angeles, CA trying to get a subject to done. I was wondering what are all the forms I need the seller to sign. I know i have to get a title company to check the title before I close but what are all the for...
Kristy Pedersen
Appraisal Bias on BRRR
I'm looking at a property in Philadelphia that would need a full gut rehab. I want to BRRR it. Purchase price is 99k, renovation cost is ~100k. ARV maybe 270-280k. My question is regarding the appraisal value. It's lo...
Peter J
50% and 2% rule question
I realize these have been beaten to death on this forum so I'm not here to bring this debat back to life but do have a question.
I don't think it's possible to follow the 50% rule if you don't buy a property that isn...
Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...