Andrew Marzec
Tenant want to break lease due to “serious medical issues”
Hi All- I am looking for some advice on a tenant issue I encountered this weekend. A little background first. I own 4 rental properties in a college town and rent to the students who attend the University. I have yet ...
Jason Jones
Rental Property Deal Analysis...
Deal or No Deal? I think I know the answer already, but I figured I'd ask.
Purchase Price $48,500
Rehab Costs $7,500
Closing Costs $600
Hard Money Cost $2,845
Total Costs $59,445
After Rehab Value (es...
Mike Romano
If a buyer doesn't want to move forward because of an open permit
Hello,If a buyer doesn't want to move forward because of an open permit, can they lose their earn deposit? P&S it hasn't been signed yet.Thanks!
Allan R.
Cops do not enforce a termination of lease contract.
I have tenants whom lost there jobs and failed to pay rent. No one wants to spend extra money and time to file an eviction law suit. Do I talked to the tenants and asked them to sign a termination of lease contract an...
Bryan Igboke
Househacking: How to Separate Mail
I'm doing a househack and living in a separate ADU conversion in the back. Any tips on how to make sure my mail is separated from my tenants? My only idea is to get a separate mailbox and label it "unit B" or somethin...
Bernice Monroe
I have a problem with property manager
Hello BP,
Im a new investor,only investing in real estate for a year so there SO much i have to learn.Property management is a BIG one!Ive had a PM managing my first house for 2 years,thought she was great but i was ...
Blake Reynolds
Tenant Water damage issue
HI all, Here is my question/concern. I currently own a town-home which I live in and rent out the 2 spare bedrooms. Recently one of my roommates flooded the toilet in the upstairs bathroom and now there is damage to t...
Adam Shindler
Building a Team
Hello,After reading the books and doing the research, I'm preparing to put together my team (CPA, property manager, lawyer, agent & mortgage broker) and I am seeking advice as to how to approach these professional...
Rachel Lindenthal
Analyzing my first possible deal
Hi, I've been thinking about investing in a rental property for awhile. Initially my plan was to buy a multifamily to live in/rent out, but I live in a high cost area, and eventually gave up my search. Recently I cam...
Misty James
Tenant deceased, having problems with family members
My longtime tenant passed away. The tenant got married after moving in, and never officially added spouse to lease. I never had a problem with spouse, so agreed to allow spouse to stay on month to month basis. The pr...