Richard Brown
Accused of drug activity because of perceived number of visitors.
How can a landlord get away with saying you have drug activity simply because you have a few friends who visit?My landlord approached me earlier today and said to me that she had gotten complaints of "drug activity" ...
Dennis Yosco
Buying a home from a seller with dementia
Hey BP, I’m in a bit of a situation and I know the route I’m going to take. Just wanted to see other solutions and see what people have done in this situation exactly. I was contacted by a homeowner after I sent out a...
John Yanko
Stories like this
http://www.myfoxchicago.com/story/28711539/squatter
Hearing stories like this make me question even to begin investing in real estate, in Illinois that is.
Is this a common occurrence? Squatters basically break i...
Brandon Miles
HOA Fines in regards to STR
Hello,I got a letter in the mail in regards to using my condo as a short term rental, and have 10 days to comply.It does state in the CCR's that rentals have to be a minimum of 30 days. The reason I purchased the prop...
Kay M.
Do you take tenant's personal life into consideration when choosing?
If you are screening tenants and you figure that the tenant might be have a difficult life situation, would you put that into consideration when choosing if the financial side of the screening passes?
On a hunch a...
James Lapp
Tenant Base and vacancy rates in New London
I'm new to the southeast CT and am looking to purchase multifamily properties in New London area. I'm trying to get a sense of (1) vacancy rates and (2) what I can expect as a tenant base. For example, I looked at th...
Jordan L.
Tenant’s neighbor called. Should I call back?
Hello BP, I received a strange voicemail yesterday regarding my out of state (South Carolina) rental property. I looked up the caller’s name and it was the next door neighbor to the property. They must’ve found my...
Laura Angus
Tenants have separated and cannot agree on ANYTHING....Now what?
We have a rental in Mi and rented to a couple who were not married. They are on the lease together and the boyfriend has moved out. The woman left says she cannot afford to stay alone supporting her children....there...
Christopher Spear
Do renters care if someone died where they live?
Hey BP! I am looking at a BRRRR opportunity for a C class house in a C class neighborhood. It should meet the 70% Rule and the 1% Rule. However I learned that the previous owner committed suicide in the house. Does an...
Spencer Wilson
What to do!!??
Hey guys,
In my neighborhood an elderly woman recently passed away. About three weeks or so now. She lived on her own and now her house is just sitting there. I feel so bad even thinking there is a deal to be...