Hello BP Folks! A month ago I closed on my first rental property and I am already feeling the pains of working with a lackluster Property Management company.I purchased a new construction SFH in Northern Dallas throug...
I have a long term tenant, who is paying $500 for a 2 BR, 1 Bath apartment unit. Current market rent is $950 per Rentometer.
I don't have an lease agreement with the tenant which was expired long time back.
Please ...
What do you guys think?The rent is 2.7kThe tenant (him and his wife) make 200K per year, bad credit b/c some credit card bills and medical bills are in collection.Lives with his relatives now (I assume not paying ren...
I seem to be spending lots more than I want to on my properties since I starting using a property manager. Anyone else have this problem?
Some background - Around 5-6 years ago, I was getting decent tenants for the most part and a pretty good PM company to manage the rentals in MO state. While I understand that it is part of the game to have a rental pr...
Is anyone using Tellus? It appears to be similar to Cozy, but offers free background and credit checks (no cost to landlord or tenant), and also has a decent android application (cozy does not). I've seen it mention...
My apologies for how long this post is, it's almost a full on financial advise session than a single question, just want to get some guidance as the main centerpiece to my situation is a house and renting.Here's a qu...
I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...
I saw a deal recently from a wholesaler on BP and I wanted to run something by some of the more experienced investors. I'm well aware that most wholesalers tend to "dress up" their ARV numbers and "dress down" their ...
I have a property that I am looking to sell by offering owner's financing.
My primary goal is to amortize the loan for 30 years with a 3 year balloon. Reporting to credit agencies will help the buyer refinance out ...