Mary Jay
How to manage if have more than 5 properties?
Hi guys, I have 5 properties and I am struggling to manage them. I do have a full time job and a family but besides that, its only 5 properties. By managing I mean paying utilities when the tenant moves out, getting a...
Tyler Speelman
Residents found a house they want to buy and want to break lease
Hello,
Resident wants to break lease because they want to buy a house. I told them no.
Their lease expires April of 2020. They then asked to leave in January, but also pay the balance on the remaining months on le...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
Kris Benson
Why Isn't Anyone Talking About Self Storage??
Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...
Emily McCabe
Inherited Tenant Problems at my first property- need advice!
Hi, I just bought my first rental property 2 weeks ago (I'm in Maryland), and I'm feeling a little overwhelmed with my inherited tenants- any advice would be greatly appreciated!The property is a 3-unit building. 2 of...
Andrey Y.
I am offering my tenants a Covid-19 RENT DISCOUNT
Fellow investors and landlords,I have decided to offer my tenants a small discount for paying their rent on time, in light of the current situation. Its not because I think it will be a huge deal, mainly to thank them...
Jason Eyerly
What is the point of Cash Out Refinancing?
Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
Kate K.
Tenants want to move out.
Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...
Timothy Metra
New investor with $10,000... What would you do if you were me?
BP, what's up? The title is pretty straightforward to my situation. I have $10,000. How can I turn this into $1M overnight? Thanks!Okay, I'm only joking. If you're still reading, I'm assuming you're patient enough to ...
Arnie Guida
They Couldn't Borrow $100 For One Day?
A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.
I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?
Let's see, $25 inter...