I have some SFR rentals leased through Section 8. If a unit is damaged by renters, who pays the bill, renters or local HUD organization? I can't seem to find the specific answer in the landlord information packet. Doe...
My tenant changed out the thermostat in the unit (a lease violation) which caused the heat in the unit to not function. He complained to me, assuring me it was not the new thermostat, I called a plumber who charged...
Hello BP I’m wondering if I could get any tips for my first rental property located in Houston, Tx. The property is being sold as is with Section 8 tenants still living in the property. Current tenants have been livin...
The underwriter for the SFH that I’m under contract for won’t provide final approval until he sees an appraiser perform a rent schedule on my current duplex that I live in half of. I’ve provided him with a signed leas...
Hello!As a new real estate investor I am looking for potential rental properties that will fit my numbers criteria (cap rate %, GRM, CoC, etc) but seem to need a proof of funds letter before I can see properties. How ...
I have a potential tenant...Works as a "hostess" at a gentleman's club. Makes about 45k a year but can't provide formal proof due to the nature of the job being mostly tips. Has 2 kids and friend who makes about 26k a...
Hello BP Community -
I'm working on finding solutions for my tenants to pay rent without me collecting in person.
My first thought is to use a property management software for online payments - any suggestions for ...
Ladies and gentlemen of BP,I am planning out the structure of my fledgling investment business. Any and all feedback is welcome. Thank you in advance…Strategy: Buy and hold with enough equity in each deal to flip as a...
You’ve probably heard people close to you say “Money doesn’t grow on trees”. Well, you can tell those people they are wrong and here is your proof. I remember growing up hearing people say that statement to me and I n...
I'm rethinking my verbal contract with a guy who did a complete renovation of the bathroom on the upstairs residential rental property of my duplex. I was prepared not to claim it as an expense but now I'm having seco...