Justin Lee
Getting good at passive investing
Hi BP,
I really like the idea of passive investing via syndications or crowdfunding, but to jump in on a deal now feels risky, as I have little to no experience in REI. Sure, I'm reading as much as I can about deal a...
Nathan Gesner
Do you allow pets in apartments?
Do you allow pets in apartments? Dogs are too likely to bark, owners don't clean up after them, and an off-leash dog creates a lot of problems. Then there's scratches on doors, chewed up trim, or torn up carpet to wor...
Rohit Jindal
Mobile Home Park Purchase
Hi All. I am entering into a contract for a Mobile Home Park (MHP) soon. The seller and I have already agreed on a price and I have received the contract. Before I move to the next step I have been reading a book from...
Sherilyn Smith
Is small claims worth it for just over $3k? Can they counter?
First time landlord learning hard lessons. My STBXH decided to blow up our lives after 19 years together, forcing me to move back into the home we were renting out instead of renewing w/ our renter as originally inten...
Michinori Kaneko
ending lease term to put another tenant that pays more
Hi,i have tenants in a 3br apartment (three guys that shares). their lease doesn't end until 12/31, but one of them is getting engaged and wants to move out, along with the other two. The lease states if the lease is ...
Sal Montefiori
4-plex to a Triplex
Is it ever a good idea to downsize a quad to a triplex? I'm looking at doing a BRRRR on a quad-plex, each unit 2/1, but after doing an initial walk through we felt like it may be a better idea to combine two of the...
Kathy Welch
Is it to evict a paying tenant after buying a duplex in Maine?
I am purchasing a duplex for myself to live in one unit and my adult daughter to live in the other unit. The unit I will be in will be vacant per the contact I am currently under. The other one has a lease that expi...
Matt Foster
Lease option strategy?
Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
Matthew Brenner
Worth buying rental property with lead status unknown?
When is it worth purchasing a rental property when the presence of lead paint is "unknown"?There are cities in MA where nearly every buy-and-hold investment property was built during the days of lead paint. The gross ...
Katie Caldwell
Multi-Unit Opportunity - Money Pit or Gold Mine?
Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...