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I'm looking to seller finance this SF locally to BRRRR. Numbers are pretty good...- Purchase price: $32k- Down payment: $10k- Renovation: $30k?- ARV: $140K- Rent Potential: $1250-$1300The issue is the property next d...
Hi— I’m really flying solo here so any and all sound advice is welcome so thank you for reading! I’m looking at purchasing the following property with a conventional 3% down. And the monthly payment will be around $2k...
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I’ve got a nightmare on my hands! I have a Sect 8 tenant and have had a few issues (dog, non-pay of electricity, etc) But HUD recently failed my unit twice- once for a ripped window screen and the second time for pee ...
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Hello,I am trying to gather opinions. I have a friend who recently reached out to me and told me his realtor he is working with sent him over a portfolio of section 8 housing. All of the homes when I looked over them ...
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Hi there,
Here is a strange question. This is specific to Chicago, IL for non-owner occupied properties.
How do you handle subleases? What's the most efficient way to do them? Do I screen my tenant's selection o...
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I received a complaint from a neighbor that my tenant's son was climbing on the room of my single family rental (Section 8 in NJ). I didn't see it happen and at the time had reason to question whether the accusation...
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Hi BP,I'm new to the community and just wanted to thank you all for being so open and generous with sharing information. I have spent a lot of time exploring the site and forums, and have already learned a ton and gai...
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I have a family of 8 living in my upper unit. She is on a program where the city only pays quarterly, and the tenant is only responsible for less than $300 per month. The tenant pays mostly on time. However, her six c...
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Hello All, Looking for some advice. I have a 4 unit that I purchased a year or so ago in which I inherited two section 8 tenants. We fully renovated the two vacant units and were able to deck them out with amenities. ...
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Has anyone had experience of a section 8 tenant whose boyfriend is beginning to stay a bit longer than usual to the point that I have seen his car parked in the driveway for more than a week. I had talked to the femal...