I have 2 tenants (Tenants A and B) that have been renting our townhome together for about 3 months. Tenant A texted me today saying he plans to move out of state and that Tenant B has a friend that would like to move ...
Hey BP, have a situation here and would love to here your thoughts. I bought a 3 family 10 months ago fully occupied. One tenant who has been living there 3 years is a constant complainer. I have recieved almost 25 pr...
Hi, I have an older rental with a tenant that never stops wanting some repairs. When they moved in, we did the walkthrough and signed on that the home condition was satisfactory. I've had a few repairs done in the y...
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Sadly, a leaseholding couple has broken up and one is moving out. Never happened to us before. They're already on month to month, as we usually do after a 1 year lease. NJ has some strong anti-eviction law so what...
So we are buying (6/5 close) our first rental and it's needing a lot of rehab before we rent it. We're trying to find things NOT to fix. We have to level the house and we are turning a 2-1 into a 3-2 . The house alrea...
Any insight on keeping tennants in a 2-4 unit building you just purchased in IL? I asume that you can look at the leases and agreements between tennants and owner before you buy, but you dont like thoes terms or what ...
Besides late paying tenants, what other issues do you dislike or don't really care to deal with as a landlord?
Hello bp community,
After closing on a SFH turnkey property with a well-known provider in Memphis, my tenants stayed for a full 2 years. I collected about $300 / month in cashflow with relatively few repairs/maintena...
Curious? What % return 100% of security deposit? What do you think is the average $ amount applied to repairs? And, how does that fit into some of the new insurance products that are being marketed to landlords in ...