Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...
I generally pride myself on choosing very good applicants but this one didn't sit well with me when signing the lease and I didn't have the greatest gut feelingLike the title says, these tenants were very qualified. T...
Hi All, Has anybody made any purchases in Belize? I'm looking at a hotel development where I would buy a unit and the hotel would manage it. Does anybody have any experience with that kind of thing? Any experience wit...
I am looking into purchasing a Duplex that the current asking price is $199,000, I have made an offer of $175,00 with 100% owner financing @ 5% with a 5-year balloon. They entertained the idea, but cannot because ...
My tenants have moved out in March 2017.I meet them at the property during move out inspection and we found damages but have no written report. Tenant had subleased the apartment to someone else (found out in the last...
Hi BP community!
I’m looking for advice and firsthand insights on operating a self-managed short-term rental (STR) in North New Jersey, the Catskills, Hudson Valley, or Delaware Water Gap areas. My focus is on purcha...
Hey BP!I've been speaking to a lot of investors/agents in the San Diego market and the feedback I've been getting is pretty disheartening. I've been told time and time again that cash flowing rental properties near S...