Karl Washington
Important disclosures to reduce the likelihood of lawsuits?
Hello,I understand seeking legal advice should be done with a real estate attorney. But just curious about verbiage and disclosures you all include in your purchase and sale agreements to help avoid lawsuits/legal act...
Account Closed
What are your best strategies for reducing maintenance?
I've heard a few tips about excluding certain appliances, putting language in the lease related to maintenance calls, or being really choosey about tenants in the first place. What strategies have you had the most suc...
Jonathan Jewell
Making the offer. Full Price or reduced price
How you all doing fellow Bp'ers. Gotta another question for the group. I came across a multi-unit, that did a walk through on and I want it. It would be my first, just an FYI. But it has all the ingredients, gre...
Arda Bircan
Boost your profits while reducing your property count
I don't want 100 or 50 doors. I want the least amount of properties that's making the most amount of revenue and net income that I need for my cash flow goals. It's all about strategic acquisitions for organic busines...
Jeff D.
Reduce California Rentals into a Delaware Statutory Trust?
In California we have three rentals, our primary dwelling, and one vacant lot. We are considering diversifying into property elsewhere via Delaware Statutory Trust. Here are the parameters we're using in the decisio...
Jered Sturm
Reducing Utility Costs w/ Solar Panels on Apartments?
I am in the infancy phase of even exploring this idea, but was curious to see if any other apartment operators have looked into installing solar panels on their buildings to reduce utility expenses? My gut says there ...
Renee Z.
Reducing rent for tenant for a longer lease.
Hi All, I'm sending out a lease renewal letter to my tenant soon. I'm considering reducing the rent in exchange for a longer lease. We have a really good tenant. The current contract is $1400/month for a one year leas...
Elliot Cole
Best way to reduce duplex boiler heating expense?
I own a duplex where I pay heat for the property. As an added quirk, the downstairs unit contains the thermostat for both units. The boiler is the only thing in the property using gas and last year my bill was over $2...
John Chapman
Reduced rent for good and long term tenants
How much of a discount do you recommend for longer term renters that are good tenants? Should you keep the rents up to market or nearly so or give your longer term tenants a substantial discount (10% or more). What ...
Eric Grabiel
Adding utilities to increase lease agreement - reduce DTI
Hi everyone,I own a detached duplex (main house is split into two properties so three tenants in total). I have rental agreements of $1700 each - total $5100 and my total P&I is $4100. Tenants pay for water and ga...