Glenn McCrorey
City bans conversions to rental properties
I haven't hear of this before but the city of Cedar Falls Iowa is implementing a six month ban on home owners turning their house into a rental property. The ban can be extended for up to a year. Interesting, seems ...
John Bapst
Are We at the Top of the Market??
What is going on in Southern Maine? Over the last 12-18 months, feel like valuations have gone hyperbolic. Looking at cap rates on some 2-4 units and there is actually stuff with a 3-handle on it! Most seem to be ~4.0...
Alex Tokmazeyskiy
Received Complaint for Not accepting Sec 8, How do i respond?
I posted an ad stating "No Section 8" and received a discrimination complaint for it. Ad has been taken down already a few weeks ago. Due to long process and apartment being vacant i just did not want to deal with lon...
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Chris Reynolds
Tenant won't move out and requesting a Jury trial...
I have a tenant who is month to month and is a lawyer who has a checkered past to put it nicely, he is a felon, but has been given his law license back. He has stopped paying rent, and told me he will not pay, or move...
Jason Brooks
How Much is Enough for a Strong Start?
Fellow entrepreneurs, seasoned investors, and marketing geniuses alike...
I would like to ask an all too familiar question. How much is enough to make a strong start? I realize that for anyone with the experience to a...
Bradley Lewis
New investors or investors who self manage there own properties
Hello BP,I am still new to investing and have been reading through all the forums to gain more knowledge about the tenant screening process. It seems to me from tons of reading that the tenant screening process is sca...
Brady Boyer
Potential applicants not showing up for apartment showings
Anyone have any tips on how to increase the number of people who actually show up to view an apartment after scheduling an appointment I set up three showings tonight sent a reminder email 24 hours before and only on...
Kelly Bellini
Which tenant would you choose?
My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...
Jay Helms
Contribute to 401K or Not?
Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...