James H.
Learning as I go
So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
Lala Weiss
Tenants vanish 1 mth before lease end, owing thsands, what to do?
Hi BP community. I own a single family and as my first house a.k.a 'mistake house' I'm sure experiencing a steep learning curve. I house hacked, then land-lorded and am now out of state so I'm officially a long distan...
Brandon Morgan
Just starting out, crazy rates low inventory
I am just now starting out as a real estate investor. I am looking to buy my first property. I am a Physician Assistant and make decent money (over 100k yearly) but in my area everything is still super expensive, very...
Mathuw Chandler
Tenants unhappy about electric bill need advice please
I own a 2 family unit in st louis, this is upper level and lower level. I used to occupy the upper level while the lower level was being gut rehabbed. While living upstairs i had high electric bills winter only (all...
Shiv Panda
Permit to replace rotten wood in balcony
This is my first time in BP and forum. Thanks to BP for having such a forum available for this community. I own a multi-family property with seven units, and the building features a wooden balcony. Recently acquired, ...
Jameson Drew
My second (not as easy) multi-unit. Muncie, Indiana
Location: 619 W Howard St, Muncie, INOriginally listed for $50,000, offer accepted by bank for $20,000 (cash)8 Units (2 2BD/1BA, 5 1BD/1BA, 1 Studio)4470sqft on a 7772sqft lot.Taxes $1646 per year.Assessed at $82,300,...
Dave Olverson
Durham Neighborhoods
Recently, I have been doing some research on the neighborhoods of Durham. As someone who doesn't (yet) live in Durham, I wanted to share my thoughts on the different neighborhoods and let people:a) tear apart my thoug...
Tom Dieringer
Eager to hear about your Biggest STR Home Runs - which path did you take?
I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) c...
Ed Perez
Carpet or woodfloor for rentals?
Hello, I just evicted my tenants who stayed in my property for only 11 months. Unfortunately, they left my property with damaged carpet, holes on the walls, in additional to leaving behind their filthy belongings. N...
Andrew S.
Tenant's boyfriend moved in
Happy Monday BP, I have a good tenant who has moved in her boyfriend. I was notified after the fact. They have been a good tenant for ~8 months into a 12 mo lease and have discussed renewing the lease in other conver...