Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $615,000
A bread and butter 2/1 1600 sq ft duplex.
Side 1 is recently updated with appliances, LVP, and led li...
A friend from work informed me of a vacant house in his neighborhood and had said the owner was looking to get rid of the property. I jumped on this opportunity and contacted the owner (via mail, which did not get a r...
Hello BP Community,I have a 3 unit residential property in West New York NJ. Due to COVID 2 of the units were not able to Pay April’s rent, (one owns a barber shop which has closed and the other owns a restaurant whic...
Hello,
Received rent by check and 3 days later check bounced. In my lease it says a $40 late fee for paying late but who should eat the fees for depositing a bad check from tenant? Can I charge them for t...
Hello! I have an inherited tenant who signed a lease through July of 2021 with the previous owner. She has not paid rent for Feb or March. She just sent me a message and said she’s moving out and to keep the security ...
I was door-knocking yesterday to get a feel of the neighborhood I am planning to invest in. The next-door neighbor gave me lots of details of the area and even told me about a road that was once used for traffic bypas...
Everyone is usually concerned about the process on buying their first rental. I’m worried about what happens AFTER closing! I plan on buying a Duplex in Indianapolis in the near future, renting one side and living in ...
New landlord here. What do you charge market renters upfront? A security deposit with first & last months rent? Just first months rent with security deposit? No security deposit & just move in fee with first m...
I have a tenant who has been late on rent payments twice in five months, this month she still hasn't pay all of the rent for September. I charge her $50.00 late fee after five days. So she rather pay the late fee an...
I am inherited a that I think is too low. What's the procedure to raise it? Can I provide my own lease? It's a month to month can I change it to a yearly?