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Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...
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I'm seeing a few properties listed in the 4k-10k range in the Chicago area. The neighborhood doesnt matter much to me. What I wanna know is are the properties in those price ranges worth getting if the cash is on han...
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Hello,What would you do in this situation?I listed a property for rent found a tenant with excellent credit and income, signed a lease and got 1st month rent with security deposit yesterday.They were due to move in Au...
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Hi all,I own many properties in Atlanta, GA and over the years have had many Section 8 tenants. Not all were a disaster, but the paperwork and the unreasonable inspection demands have finally got me down and we stoppe...
Hi All - I’m a new member but my wife and I have been following this board for some time and really appreciate all the great conversations! I finally have a question worth signing up and posting :)We recently sold ou...
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I have a rental home and my renter wants to purchase it. I don't believe, with the market the way it is, that the home will appraise for what I owe on it. My renter has mentioned doing a lease option and I am not op...
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Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...
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Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
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Looking to help from the BP community in figuring out how much of a security deposit I should hold back. I had tenants move out of a small studio apartment I have about 3 weeks ago. When I went to get the keys the apa...
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I feel bad. One of my tenants is in her upper 60's, she works for a temp agency and has difficulty paying her bills. She is never late and hasn't missed a payment. She's been living in the building for six years. ...