Peter Vroom
Bringing value to a partnership
Good morning collective brain. New to BP and currently groking the books and podcasts. I want help with some perspective on how this partnership would best work please. Say I want to partner with someone to buy a mu...
Mike Nelson
Would you do a master lease option on a property thats going to be foreclosed on??
In today's climate foreclosures are taking a years to initiate. I have a seller who is underwater and has tenants that are no paying rent. My question is, should I step in and make money off this property until it goe...
Kishan Patel
Using Venmo to collect Rent
Hello all,I have recently become a landlord and was approached by one of the tenants who was asking whether it would be feasible to pay rent through venmo as they had done previously. My question is if I were to colle...
Kristi Wolfe
Should we bother with small claims court?
Long story short: Should I bother taking a nightmare previous tenant to court for $1500? I looked at the pro se small claims court website in my area - which is 45 minutes away, and it says that ALL cases are referr...
Simcha Davidman
Property Management on Midsize Multi-family Complexes
Hello all (and thanks in advance!),I'm looking for midsize apartment complexes (10-50) units, and I'm having some difficulty budgeting for property management expense. Here is my understanding:On sfr and small multi-f...
Josh McCullough
Mobile Home success story.
30 months ago I bought an occupied 2 bed 1 bath mobile home for $2,500, collecting $200/month in a park. Gross rent collected $6,000. The tenant moved out due to health reasons. It took $640 to get rent ready. The...
Javen Wilson
How do Lenders look at multi-family properties
Hello everyone, I was listening to one of the Real Estate Rookie podcasts the other day and they were talking about small and large multi-family properties. It's the niche I want to pursue and I'm currently figuring o...
Isham Zabala
How do you find your tenants?
What are places or things you do to be able to advertise your property for rent and get tenants to apply?
Paul Cijunelis
Started a new PM!
I own about 40 props in Illinois and N Indiana and have been working on taking the next step... starting a property management company. We are opening Monday!Question for the experts here, for lead/radon disclosure, I...
Brian Cooke
Tenant won't pay online, what is good alternative?
I inherited a tenant in a purchase recently. Previous landlord drove to the property to collect every month. I'd rather not do that, so I suggested paying online. It is an elderly tenant, and she said she "isn't good ...