From what I understand there are four ways to make money from a rental property:

1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...

I was informed on the 4th of the month that one of my tenants lost one of her jobs and would no longer be able to pay her rent. She stated that she would be moving out in the next couple of weeks. I immediately sent...

Hello,

I am renting my upper unit of my duplex. They are starting the lease in June. The guy is a local TV host. His fiancé, their kids ( 1 kid each from previous relationships) and he are moving in. They asked me to...

Hello BiggerpocketsWe have a situation where we are going through an eviction. We have served the 3 day notice and now the 30 day notice. We are thinking that cash for keys would be a better option for both us and the...

I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...

Hello everyone, I recently had rented my house to a very greedy and ugly couple. The whole process is like a nightmare which I would like to share with all of you and seek some help and suggestions.This couple has sig...

In the last month I had 2 tenants that  moved out with prior notice (which is required, 30 days in advance of the 1st of the month). One sent keys by mail and one called saying he was vacating the home and left keys i...

I'm in Arizona and have tenants moving out at the end of the month.  I've searched all through the Arizona Landlord and Tenant Act, and cannot find anything that says when exactly the move out inspection should take p...

Tenant gave proper notice October 20 to end month to month lease November 30 and paid the rent due through the end of the lease.   Tenant stated I could advertise the unit as available to rent November 15 with underst...

I purchased a house in Galveston from the original owner right before Foreclosure. I didn’t have the previous owner sign a lease or anything. I’ve been told that I could evict her if needed. Long story short the previ...