Heyy. I'm trying to raise rent to fair market rent for one of my tenants. I have informed her through text and email. And heard no response. I texted again asking if she got my messages and if she had any questions. N...
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Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
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I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
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I have a great tenant in a great building. She was an inherited tenant that I took over 3 months ago. She is a Gen Z’er who has a professional job working in a hospital and is very nice, professional, and keeps her ap...
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Dear BP community,I just made an offer on a fourplex and am looking for negotiation advice. The property is in really good shape and had a new roof done on 2014. The area is a B- neighborhood so it will not be too d...
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What do you look for when buying a 5+ unit apartment bldg? What is on your due diligence checklist?
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My tenants are always late. As in they literally have never paid rent on time. They moved in mid-June and paid June (prorated) and July rent, last month's rent, 1 month security. Rent is due on the 1st and late on the...
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Hi All - doing some due diligence and wanted to know if anyone has experience with Turnkey Property Pro based in Philly and Baltimore. There is a semi dotted line connection to Maverick.
I am considering a BRRRR+TK ...
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As so many BP Podcasts have said, I don't look at this as a bad thing. It's a 'free' education on tenant screening mistakes as well as learning the ropes in my rental market on evictions. Without going into too many d...
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Under contract to buy a really unique property, but the appraisal came back like $40k under the agreed on sales price. We are financing this one, so can’t move forward without the seller coming down.
Seller (investor...