Louis A Buono Jr
New to BP. An intro and a question.
Hi everyone. I'm Lou and I'm new on BP. I live in Staten Island NY which is actually the forgotten 5th borough of NYC. I grew up in the flooring business and now have taken the helm since my dad's retirement. I've...
Yuuj V.
IL SFH: Has this happened to you?
Hello BP!I have a rental in the Illinois area, and currently it's been on the market for about 90+ days. Cost: $100,500Down Payment: $25,000Rehab: $~6000Vacancy: $~2600Rent: $1650CF: $370 (When rented)So, my question ...
Account Closed
Partial Rent - Should they stay, or do they go now?
All, hoping to get some feedback from the forum. I purchased a duplex last summer and inherited tenants in both units. The tenant in one unit is on section 8, which covers 75% of the rent payment. The tenant has be...
Account Closed
First Property Checklist: New Investor Closing Next Week
Hi everyone – I’m a new investor less than a week from closing on my first duplex. One side is occupied with a tenant I’m inheriting (currently on a month-to-month lease) and I’ll be living on the other side. I’ve spe...
Shannon Trivett
how can I request an increase in rent from Section 8
I have a tenant who just hit the end of her first year lease with me.
She is on Section 8. We currently pay her trash and water.
She's a good tenant that I'd like to keep.
My local housing authority ...
Mike Adams
Eviction granted, lock-out on Monday (Newark, NJ)
First NJ eviction for us, yay! Anyways, the attorney tells me we need to have a locksmith there to change the lock. I've been changing locks for decades, so it's never been a problem. Has anyone in NJ (Newark area) do...
Ryan Davis
Section 8
Can anyone shed light on how to go about accepting section 8 as a landlord, and approximately how long the process takes?
Susan O.
Rent Control Laws in California -other States- Rapidly Expanding
http://www.latimes.com/business/la-fi-costa-hawkins-repeal-20170314-story.htmlCurrently there is a movement to dramatically expand Rent Control through California. In the past there were basic restrictions on how har...
David Boykin
Getting started in Augusta, GA
Hi everyone! I've been a lurker on the site for some time but finally decided to sign up and join the community. I've read through some of the guides on the site and listen to the podcast frequently. I bought The Book...
Ben Layman
[Calc Review] Help me analyze this deal for a Detroit duplex
View report Would you guys do this deal? Located in the Russel Woods neighborhood of Detroit. The rehab could be anywhere from $50k-$75k.
*This link comes directly from our calculators, based on info...