Jeff Arndt
Moving out from parents.
I will be graduating from college this December and I will be able to save 1,100 a month living with my parents after graduation. At that rate plus current savings, I should have about 15,000 to invest with in about ...
Destin E. Thomas
Bad Neighbors scaring away prospective Tenants!
Hello BP community, I purchased my first rental property (a duplex) a few months ago and I'm trying to rent out one of the units (I'm househacking), but the neighbors directly across the street are like those wanna-be...
John K.
Cool things you do that others don't?
Does anyone as a landlord do anything they have thought is cool and has worked out well?
For example, I had refrigerator magnets made for our property management company with the phone number to call for iss...
Dan Nguyen
Ringless Voicemail Broadcast Marketing
Hello guys,I've been meaning to sign up for a couple years but never pulled the trigger until now so I can ask this question.I'm a real estate wholesaler/flipper and I'm looking to scale my business. One strategy I'm ...
Justin Ford
Lease wording for discount for on time payments
Can someone help me with some legal wording for our lease regarding discount for on time payments. We are charging no late fees, but if they are on time, giving a discount. We are upping the rent by $50 and then givin...
Christopher Malone
Journal of a New Investor
Hello BP!Allow me to reintroduce myself. My name is Christopher Malone, and I am a new investor in Chicago, IL. I have been a member of BP for a few months now, and from the time I made my first post, I have learned a...
Kevin Mosier
Disappointment right before closing (inspections/roof issues)
So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
Joshua Feit
Is turnkey repair / painting really this expensive?
Greetings!I use a property management company to rent my units, and they are doing a good job. But every time one tenant leaves and another comes in behind them, the costs associated with the turnkey repairs seem real...
Cassandra Brown
Renting to Friends/People You Know
Pros and cons of renting to people you know? We have some interest from a few acquaintance/friends about our rental. We’re building a business and this is our first owner occupied duplex. What are some tips to keep th...
Denise H.
STR in Lake Arrowhead
Hello,Looking for some feedback/advice on a STR in the Lake Arrowhead area. My husband and I love the area and for our long-term use would prefer this area over Big Bear. My question is can anyone provide info on how ...