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A rehab is nearly done and the occupancy permit will be granted shortly afterward. I still have to take care of the hardwood floors and paint after moving in. The painting shouldn't be too bad, but about those floors,...
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All:I'm about to begin the annual update on my lease for my student rental properties. What started out as 4 pages in 2006 is currently 17 pages long. And I expect it to fill 1/2 of the Library of Congress by the time...
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Hello everyone! I'm considering pursuing rental arbitrage in Irvington, New Jersey, and I'm curious if this is a viable strategy. Has anyone had experience with midterm rentals in Irvington? Also, does this market typ...
How many of you have tenants paying $600 and under who aren't living at or below the poverty line? Don't take offense. I'm well aware that $600 can rent some nice units and is enough for a mortgage payment in some ...
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It's been nearly 2 years since my first post "$1,300,000 Deal at Age 21 & I'm Retired!", I wanted to share an update. Last year, 13 months after I bought my first 20 unit apartment, I had increased the gross month...
I would like to keep this short and sweet. I need some advice. I have recently purchased a two family home which i occupy, as well as inherited tenants whose lease is not over till June. couple things we found out the...
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I’m currently looking into towns that are good for STRs. I currently own an STR in Gatlinburg, Tn and I am thinking of buying another property in a similar town maybe in a different state. Any suggestions?
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Hi guys. Been a while.I have a question for you all.First off, I am in CT.Now, my questions revolves around a tenant breaking a lease, damages, repairs, and liability.I had a tenant break their lease. 2 weeks early. (...
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How often are you performing inspections of your units to ensure nothing is damaged, no leaks, etc.. Any formal schedule? Or just here and there when you are already there? I don't have a formal inspection policy or p...
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Hello BP family, I have a unit that has had several applicants but all have shown red flags. The last application has everything going for it except their credit score is bad (430). She recently went through a bad div...