G W
Multi Units: More Destructive Tenants? What's To Be Expected
I’ve dealt with one bad tenant that did some dumb things like set an iron on new carpet in a bedroom, stained several spots in the living room, broke the lease and left early, etc… ended up keeping her security deposi...
D'Andre B.
New Real Estate Investor with 2 Deals in 5 months
Hello BP Community, Please allow me to introduce myself and to say thank you to each and everyone member for helping me discover a way to escape the ball and chain of having to spend life in a cubicle.My name is D'An...
Michelle Elsaid
Foreclosure Pricing
Hi All,I found a foreclosure that looks like it was an abandoned renovation attempt that went into foreclosure, last purchased in the bubble. The house (looks) like its in good condition in a nice development - but ha...
Katy Fleming
Late fees during Covid if tenant is not in distress
I have a tenant who has paid rent late a few times, and is now refusing to pay rent, stating the reason as a small repair that needs made (won't go into details, but I always keep on top of repairs). I've forgiven th...
Ivy Hailey
Repair Estimator that reflects MD's labor & material cost needed
Looking to master repair cost for Maryland area. I have an elaborate repair estimator as a excel spreadsheet that automatically calculates labor and material cost coupled as one price, however, the pricing I have do n...
Bryan Templin
Hey guys what are your thoughts on section 8?
So I'm hunting for a property yesterday and I found a property that has a tenant who is section 8 they have lived in the unit for 14 years. I see great potential for cash flow the property looks great I'm just not to...
Zac P.
When do you need a 2nd property manager?
How many properties can a property manager manage until the company has to hire the second manager? I know every manager is different, but is there a number out there that you all feel like there needs to be another p...
Greg Clatterbuck
"Reverse mortgage" for inlaws with possible tax issues
This is a little different question than usually posed on BP. I am a real estate investor with multiple properties. My inlaws are in financial distress, primarily due to many years of poor financial decisions. They...
Al Dors
Guidance evicting tenant on home assistance program
Hello,I inherited a difficult tenant when purchasing a property last year. They are on a rental assistance program that initially covered 100% of their rent but as of March 2023, they became responsible for 25%. They ...
William Goodlett
Multi family investment
Greetings to all potential future partners. I am looking at a deal near the Charlotte NC area. I have worked with long term rentals since 2012. I have also been a property manager since 2016 for single family homes. T...