Lyndal McMurphy
No heat/hot water, tenant wants a hotel
My tenant in a SFH (single mother with toddler) was contacted by the gas company saying she was using excessive gas. They sent a technician out who did a pressure test on the gas line and said there is a leak on the ...
Melanie Johnson
Pay off all Credit Card Debt Before First REI Deal?
Hi everyone! I'm new to the forums and to REI. I haven't done my first deal yet. Actually, my husband and I nearly bought a place earlier this year. That place fell through at the last minute, but although I was hugel...
Clara Tang
Big headache - tenant won't move after lease expired
She told us she would not renew the lease in Jun as she bought a house and would close in July. However, on July 30th, she said her closing date was postponed to Aug 9th and she wanted to stay until Aug 10th.We found...
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
James Wise
TENANTS FROM HELL #1 Deplorable living conditions. PICS INCLUDED!
TENANTS FROM HELL #1Deplorable living conditions.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen ...
Antonio Coa
Have $500,000 to invest but I'm not sure where
Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
Nick Louie
Buyer Agent's Commission Fees
Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...
Jerry Shen
Buying RE with Bitcoin
I've got some bitcoins that I would like to use to purchase real estate. Are there any institutions that will accept bitcoin as downpayment for a loan?
Maria Dantas
Turnkey Nightmare with Morris Invest - Indianapolis
Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...