Barry Sugarman
Tenant wants a rent reduction
Hi, all. My wife and I need some advice. We have a tenant in a property (3/2 town house) we rehab’d in the Baltimore area at $1,500/mo. He’s been in the house for two years and his lease is ending. He called and said ...
Erin Chamberlin
Microwave in an MTR?
How vital is a microwave in an MTR? We're putting together our first MTR unit and I lean toward not including one, but we could make a small one work if it's critical.Thanks!Erin
Chris Mendoza
Why Is cash flow so important?
So I'm new to investing and plan on purchasing a house then converting into a rental after a year or two. I am just wondering why cash flow is so important, when there is still the loan pay down and appreciation as a ...
Alvin Grier
Finding Motivated Apartment Sellers
I was listening to a real estate podcast the other day, and they mentioned a method of finding potential "motivated" apartment sellers that I hadn't heard of before;
The guy said to buy a list of people that bought ...
Heather C.
Why the 50% rule is so important....
I know a lot of people come on here seeking advice about rental deals they have and many of them don't hold up to the 50% rule. I will admit I guilty of justifying the deal in my head even when it didn't make true se...
Bryan Kelly
Private Lending Structure
Hey everybody!New to BP here, but not REI. I currently have an SFR in LA, 3 in Atlanta, and short term in Blue Ridge GA. All of these where procured the conventional way with my own hard earned money used as a down ...
Account Closed
Should Landlords meet their renters? / Good vs. Bad Tenant
Hi everyone,I'm getting ready to rent my first investment property here in Newport Beach, CA. I'm the landlord and am using a property manager while I learn the ropes and finish school. We've gotten a ton of interest ...
Christopher Pound
Suite Properties in Detroit
Hi everyone. Longtime lurker here ;-). Love this community though, and all the resources BP shares.I was curious if anyone has ever used a PM company called Suite Properties out of Detroit. I purchased 2 turnkeys from...
Max T.
Legal Question - Use - In-Law Suite - Rental - licensing
The property is a large twin, zoned RSA-3.Two entrances:Main entrance - large 5 bedroom 2 bathroom, living room, and kitchen space.Rear entrance - 1 bedroom, 1 bathroom, living room, and kitchen. In Philadelphia cou...
Jeff S.
Understanding HUD Extended Listing Period
I've never purchased a HUD owned home before but there is one I may be interested -- not anywhere near the current list price though. It's a UI property in the Extended listing period. The price at which it would be a...