Jeremy Shanks
Need to find a place to rent! Landlord pulling a slick one on us!
Our landlord told us yesterday (mom and I) that the property owner wants to sell it soon. After Thanksgiving people will be touring the home to see if they want to buy it.Landlord says the owner can break the lease wh...
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How much to factor for holding costs? Hard money?
Ok here is the deal,
1200 sq Ft. Frame house with (finished) basement
Property comps $100K - $140K
Asking price 60K
Financing: Hard Money
Needs: Carpet, outside siding, paint, Kitchen cabinets, and windows.
Pain...
Vincent Wood
Sub-lease for Airbnb?
Hi all!!I have a 4-plex I am currently trying to get occupied in Columbus, OH in the Short North area. I was approached by someone who wanted to lease it from me to put on Airbnb. The rent discussed is above market by...
Jennifer Wong
1-year lease or month to month?
Bought my first property: end unit condo class A and looking for first tenant. My cousin who has 3 rental properties manages his own units and has all rental agreements on month to month and has all long-term tenants...
Dee Bral
What to Do when you Have a Qualified Applicant but they Can't Move In for 15 days?
I have a qualified applicant in a rental in Virginia that is currently empty. The market has slowed and I don't want to turn away qualified applicants, but they can't move in for almost 3 weeks. Can I charge a holding...
J. Martin
Periodic inspections of units for maint/damage - How often?
How often are you performing inspections of your units to ensure nothing is damaged, no leaks, etc.. Any formal schedule? Or just here and there when you are already there? I don't have a formal inspection policy or p...
Jordan Deaver
How do i find high quality tenants? HELP
I am currently a small time landlord. I have 2 properties for rent. Both 2 bed 1 bath. 900 sq. ft. . They are both newly remodeled, not top shelf but fairly nice. I had a bad tenant and now I am really desperate for g...
Nilofer Sickander
Pulling Comps through public records in Virginia, Maryland & DC
Hello BP,I'm learning to analyse deals almost daily to familiarize myself with the process. The tools are awesome but I'm struggling to pull comps to determine ARV. Zillow, Trulia and such gives some information but ...
Kenton C.
Vacancy rate and Repairs?
Hi,I am looking to get into investing in a Duplex for my first investment property. I know that a duplex is more likely to have more frequent turnovers, and the subsequent leasing fee of 1 months rent (I have decided ...
Matt Schuberg
Looking for an investor-friendly mortgage broker
Hello,I was wondering if anyone could refer me to an investor-friendly mortgage broker, preferably in the Santa Monica/Los Angeles area. I'm looking to build a long-lasting relationship with a broker who I can go to c...