Katie Jewell
Structuring Repayment of Damages
We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...
Jenni G.
Fees, I understand but does this seem excessive to anyone else?
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
Dan S.
Can I offer a military discount?
Hi there, thank you for checking out my post!I live in Oklahoma and would like to inquiry on whether or not it's considered legal to offer a military discount to prospective tenants. I would also welcome advice on how...
Garrett Haefele
Note Investing - which states do you stay away from?
Hi all,Are there any states that you will not purchase notes in? If so what are they and why?As I read through Alex Goldovsky's book Bulletproof Title Due Diligence (great book btw) and some of the potential title iss...
Rudy T.
Converting properties to LLC
Hi All, Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to b...
Kevin M.
Evictions Halting in Philadelphia
As a heads up, this is straight from the Municipal Courts;The Philadelphia Municipal Court's landlord-tenant officer will not perform any evictions for a two-week period beginning on Monday, March 16. The landlord-ten...
Chris Brandon
What to ask for more information
Hello,I'm new and just starting out. I live in Fargo, ND so I'm just looking around to analyze some deals to get feel for things. I've seen a few mult-family on MLS where is lists the place and will say that it's 4 ...
Bruce Clark
What is a good cash flow goal on a no money down deal?
I currently work with a local portfolio lender. I have a history with them, and they typically will have no problem with lending me 100% of the purchase price for small SFH's that have very low purchase prices ($25k -...
Mason Jeffries
Utilities Included in House Hack??
Hi everyone! I am prepping for a house hack scenario and I’m trying to wrap my head around sharing utility costs with tenant. The deal is, I’m going to rent out my 3BR house while I live in the downstairs apartment. ...
Thomas Moran
Tenants not leaving & ghosting me
Hey BP -I've got my investor friends to weigh in on this, but would love to hear the collective wisdom of this communities input.Background: bought a SFH with a tenant in place. It's been a little rocky with them so f...