New landlord here. What do you charge market renters upfront? A security deposit with first & last months rent? Just first months rent with security deposit? No security deposit & just move in fee with first m...
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Hello All,
I am considering buying a 4-6 multi-unit property in Baltimore and I'm having difficulty finding the answer to this question. Let's say half the units need rehab but the other half are rent-ready. Must al...
Hi. Forgive me if this is too newb.I'm looking to invest $500k cash into rental properties for income. I want to leverage, but can't use income from other sources to satisfy debt to income ratios (I'm self-employed)...
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I was browsing some properties and a few seemed like they had good potential to be fixed up, but they are in pretty terrible neighborhoods. I'd be curious to hear about anyone's experiences renting out in bad areas o...
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I terminated lease, tenants confirmed they were moving on time, then backtracked and demanded 2 more weeks. I only care because I have new tenants waiting in the wings, already background checked and prepaid.Now what?
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I need help with some comp evaluation to get my ARV right. The software gave me their Comp Analysis but I have my ARV around 600K. I'm having difficulty dissecting some parts of the comps. This property is on a really...
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Early failure is when hings don't go as planned at the start of something new, like a project or a job. It happens as you're figuring things out, trying new ways, and facing challenges for the first time. These failu...
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There is a lot next to one I own that I'm going to build on that just came up for sale. There's a good and a bad. The good is that it has sewer capacity signoff from the County, something which is difficult to come by...
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Hi All,
I own a Triplex in Buffalo, NY, and could use a bit of guidance on what to do regarding evicting one of my tenants.
I had a couple with 2 kids a sign a 1-year lease in June 2019. For the duration of the leas...
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Often, when I do a showing for one of my vacant properties, I usually ask prospects what they have seen thus far in their local rental search. Quite often they report many "dumps" and thus was wondering if in the lan...