Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...
Benaiah Grimes
Multi-unit income analysis?? Is it worth the purchase??
Hellow fellow BP's I have a question about numbers. I need to know how to guage whether an acquisition is worth the purchase or not. I want to get used to scrolling through the MLS and do then numbers in my head based...
Robin Thornton
The TRAP HOUSE Next Door On A Quiet Street of Longtime Homeowners
BP Help!
I finally got my inherited semi detached SFH (C+ working class neighborhood) ready to rent out but the attached house sticks out like a sore thumb and I believe the tenants do it on purpose as a deterrent an...
Michael Shadow
buy with cash then finance
Does anyone know if there are seasoning issues if I would purchase a property with all cash then finance it?
-Michael
Josh Gibson
Inheriting new tenants, last landlord didn’t stick to lease
Hello BP, I am closing on a duplex today. We are inheriting two new tenants.The previous landlord worked out a deal with the tenants on one side of the duplex. Their original lease was $750 a month and somewhere down ...
Jordan Sand
Reporting late rent to Credit Bureaus
I have a couple of past due tenants (include 2 who have moved out). I want to report to the Credit Bureaus -- has anyone used Rent Recovery Service or any of the other services?
Scott Simpson
Elderly owner wants to sell, but worried about capital gains hit
This is now the third owner I’ve met who owns a dilapidated rental property (in an expensive market) who was open to selling but ultimately passed on the deal because of the capital gain tax hit. Their rationale was t...
Paul Clements
Tax question on selling principal residence
Hello,I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft modular home that has very dated decor, drop ceiling, and in fair condition) and it's currently listed for sale. It's paid off. I have an offer f...
Eleanor Graves
Eviction Process is More Chaotic with My Property Manager
Hello Bigger Pockets, thanks for being here. I recently finished a rehab in Baltimore City, found a property management company (that came recommended on a BP post), had my first tenant move in, who paid the first mon...
Sonu Sharma
Collecting rents from tenants
Hi all landlords,
What are the different no cost/low cost ways to collect rents from tenants ? Planning on kicking out my Prop Mgmt company and save some green !!
I read about PayPal but for some reason am not a fan...