Jane S.
tenant injured, part of rent will be late
Due to injury the "wife" (unmarried couple) was out of work for 3 weeks. The "husband" just emailed me. Injury occurred 3 weeks ago but they didnt inform me about paying late. They write. "We will be depositing as muc...
Josh Stack
DATA POINTS - Multi Year Turnkey Performance - Your Experience!
Hey Everyone,My wife and I are having a very lively debate about turnkey vs. non-turnkey. Hearing all the turnkey success stories really fuels the debate but then I go in and read an inordinate number of thread where...
Drew Vukov
Anyone ever use a TSP loan to purchase a rental?
TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
Fernando Domingo
tenant says AC not cooling house enough and upstairs hot
Hi BP community!
I purchased a house in metro Detroit, MI area that was unoccupied.
The house rented in May and now it's July and and the tenants are complaining that the AC doesn't cool the house enough. At first ...
Mathew Deines
Californian wants to buy Ohio property - Entity help?
I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
Robert Steele
Does your city have a rental registration program?
Does anyone else have these rental registration programs where the City forces you to pay a yearly fee to register your rental property?
Where they force you to allow a city inspector in every time a tenant moves in....
Rahul Handa
Getting sued! Is it common in real estate?
Is it really common as a real estate investor to get sued? If yes then how can you minimize the risk for getting sued. Have you ever been sued or know someone who has?
Account Closed
Am I The Tenant From Hell? (With Apologies For the Length)
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
Account Closed
Section 8 tenant is breaking lease and housing is helping her
I am hoping someone will have some experience with HAP contracts and Section 8. I have a tenant who is currently in a lease with me for 3 more months. She advised me that she is leaving at the end of this month and Ho...
Jason Merchey
Recourse Loans
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...