Mal Johnson
Lease with option to purchase? Please help
Hello,I invested into my first home through a lease with option to purchase. The lease was for a 12 month term with 2 options to renew at 200 increases maximum each year. The option go purchase had two options to ren...
Melody Dodderer
Rent Increase: How do I do it?
I inherited tenants from my first purchase and their leases will expire in a few months. I've sent them notices of rent increase for when their leases expire and requests to sign into new leases. I'm wondering, if the...
Leslie Johnson
What do you do about pets?
What are your thoughts on tenants having pets? Do you charge an extra monthly rate for pets? Limit size? Extra security deposit?
John Moon
In what situations do you implement RUBS
I've been looking into installing RUBS to increase the NOI. It looks great on paper even with the expenses, but I don't know when it will be acceptable. Would it be strategically smart to always bill back tenants? Sho...
Frank S.
Question about hard money loan (Loan to Cost vs. ARV)
I found a property for $220k , which needs approximately $60k in rehab. The lender said they would loan 80% Loan to Cost or 70% ARV. If ARV is $350k, then the lender would lend on the lower of the two I assume? Which ...
Anthony Nguyen
SoCal market
Hey everyone, hope you all had a productive week and going into this weekend without letting off the gas.I wanted to see what everyone's thoughts are on this crazy SoCal marketOur company feels the market is getting s...
Dylan Maynard
Should I always take multiple applications
Posted my property on turbo tenet, first application seems fine. Should I always wait to get multiple applicants no matter what and if so how long is acceptable to wait before responding.
Nathan Moore
One Tenant Leaves, While Tenant wants to remain
Recently, I've had a tenant (one of three) contact me that he will be vacating the our rental for another place with his girlfriend. The tenant just signed a lease extension, which will begin in a 15 days.
This is...
Richard Brown
Getting Info from previous owner on MultiFamily
How do you get as much info as possible from previous owner when calculating a property. Things like existing tenants lease agreement, or rental history or any incidents with tenants in the past. Maybe even things lik...
Brian Collins
Need Advice, Noob Here.
Hello BP! Been browsing for about a month and this is my first post. I have located a good deal in my area, it is a REO. I had to wait the 16 days to be able to make an offer. My question is, in my area mls listing ha...