Donald M.
Using Security Deposit as last month's rent (MA)
I have been a landlord in MA for 5 years and I have heard that tenants frequently do not pay the last month's rent and ask for the security deposit to be used. Most of the time this has not happened to me, and o...
Brandon Spearman Sr
If you had $8000, but poor credit, what's your REI strategy?
BP, hello family. I am a novice REI investor. 2012 was not the best year for me, and my credit score was damaged. 2013 is starting off bright, and I want to make an investment.
If you had $8000, but poor credit,...
Corey Dutton
Investor Needs Advice: Renters Trashed Property Repairs to Cost $10K
I have a real estate investor friend who needs advice. He has an SFR rental property and discovered after the most recent tenants vacated, that the property was nearly destroyed. Bid for repairs came back at $10K.
F...
Ed Kelly
Tenants breaking lease
Out of the blue, my tenants bought a house and want to break our lease 7 months early. They are aware that I have a regular job and am just a guy renting a house I own. Had they told me months ago, before school sta...
Milton Chamberlain
Kansas City MO NEW Source of Income Discrimination Ban Ordinance
Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
Bruce L.
Tenant is taking me to Small Claims Court - Help
So, my tenant serve me with paperwork that he wants me take me to small claims court over his $1200 security deposit, after all repairs were made, I gave him back $250, but he wanted pretty much all of it.
Could anyo...
Kenny Ness
How much should pet security deposit be? in Maryland Elkridge
Hi all I own a Condo I rent out in Elkridge Maryland 21075. Im currently looking for a new tenant and i have one from the miltary that has two small dogs 10 LBS and 18 LBS. i normally say no to pets but its now been ...
Brenton Tigner Jr
Offer accepted on apartment buildings...now many questions
Greetings all, I just got accepted on a 16 unit apartment building and about to finalize the LOI with basic terms. The numbers work out to a 10 cap. In regard to Cash on Cash return, the seller is will to carry finan...
Enrique Batallas
Tenants broke up. She wants to sublease?
Hello all. New landlord here. I rent out a 2/1 house near a university. The tenants in question are amazing. However, They have broken up and I got this text today "Tom and I have ended our relationship howev...
Gavin Rein
I'm confusing myself regarding Lease Options. Help!
I'm reading Brandon Turner's Investing in RE with Low Money Down and I can't wrap my head around what a "Lease Option" represents. I understand that a lessee is paying rent + an option fee to live in the house while t...