Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
D'Andre Byers
Soon-to-be wife not on board
I've searched around the forums looking for someone in a similar situation but it seems like not many are where I'm at.I'm 21 years old and just recently got engaged. I don't yet have any investment properties. I know...
Rajheim Hunt
Inherited tenants with under market rents. Prop manager questions
I purchased a duplex in Ohio, and inherited the tenants. One tenant is an 11 year tenant, and the other is a 5 year tenant. Current rents are set at $600 and $625. Market rent is about $700. I have a property mana...
Drayden Morgan
Should I keep the security deposit ?
I am a first time landlord and I am already having problems with my tenant paying late. She usually pays 2-3 weeks after rent is do. It’s not long enough to get through an eviction process I’ve tried but still a pain...
Joe W.
We need help with eviction
My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
Michael Gardner
(First time Investors) What would you do
Hello BP community, we have just purchased our first rental and already have to make some quick decisions but unsure which direction to go on a couple things
1. The last owner utilized a property management company ...
Quynh-Chi Nguyen
How much would you deduct from Security Deposit
Not sure what happen but it seems like the tenant took the cover or the screen on the security system. It's not even in use. Can I deduct it from the security deposit? And how much? First time dealing with it.ThanksChi
Daniel Warren
tax implications from small apartments
a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of t...
Eddie Ziv
Appreciation VS. Cash flow - The clash of the titans....
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
Karen Polis
Salvaging bad flip (defaulted loan/taxes overdue)
Seeking ADVICE / Property is in Norristown, PAI lent money to somebody (a land trust) for a fix and flip. Unfortunately, I did not do my homework beforehand, otherwise I would have realized there are 4 other investors...