Nicholas Jose
Need help rejecting this tenant in NJ
Good morning, BP.I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted...
Sean McKee
Illinois Eviction Ban ending August
Hello BP!I have a few questions for my Illinois landlords and anybody else who might have some input.Gov. Pritzker announced last month that the moratorium will end by August in Illinois. This has been long overdue a...
Jake Diamond
Buying Low income properties ?
I have an opportunity to purchase 2 properties (One 3 unit & 1 two unit) both full rented in a low income area. Houses are side by side to each other. The owner is willing to owner finance at $90,000 for both with...
Vann Calhoune
Having issues with tenant
Hey everyone,I recently purchased my first property in the Kansas City / independence area. It’s a duplex and I inherited one tenant and plan to live in the other unit. The tenant signed their lease in October, a mont...
Rumen Mladenov
Old lien... How to proceed?
Hi BP community!
I have a property under contract that has a lien from 1976 that has not been recorded as satisfied. House was sold in 1978 and then again in 1985, and I am purchasing it from the heir of the person w...
Wa Chan
Thoughts on pulling out retirement to invest in Real Estate?
Hello everyone!I'm a newbie to real estate investing and the quest for early FI. I've been saving to invest in my first property (likely a house hack either multi-family or renting rooms in a single family) in the Por...
Jay Helms
Time to re-invest in a 401K?
Some time ago, I stopped contributing to my day job's 401k. I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...
Cali Skier
Help, can't get it rented, what am I doing wrong?
All, We have honed the art of scaring off potentially good tenants...Help! We have a very nice property, has been listed for 7 weeks, we have shown it ~25 times, we believe it is priced right. (we think it is, and o...
Nick Stageberg
How Many Showing To Rent, On Average?
Hello everyone! Long-time lurker, first time poster :-) I'm curious how many calls, showings, and applications you see before having a signed lease. Also, how may days on market and days of vacancy?For myself, I wo...
Jen Salemi
Offer 25% less than asking
Hi: I have a question concerning the best strategy to get a seller to accept an offer 25% less than current asking price. Here are the facts: Property is located in central New Hampshire and is over 100 acres and 2....