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I have a number of rental units where I use the MLS rental lease. I use this so I make sure I meet the state requirements. I do not have a list of guidelines and/or rules that the tenant signs other then what is in ...
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I've heard the horror stories from landlords about how the tenant they were evicting poured cement down the toilet, played hammer darts in every room, ripped out the copper, or left piles of garbage for the landlord t...
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I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...
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I posted a thread a few days ago called why do we invest? There were a lot of good replies on that thread with many bigger pockets members listing their goal of 5000, 10,000, 12,000, or $20,000, per month for retireme...
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Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
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A tenant who has just moved into a property I was using once a week for 2-3 days at a time had told me last week that they had a problem with the fridge. The wife told me she had cleaned under and it looked like it wa...
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Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...
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Hi everyone,I am building a 2800 sq. ft., 4 br/3.5 ba home with a 1600 sq. ft. unfinished basement on my 13 acre farm in Bealeton, VA. Although this is not a spec house or custom build for a client, I am using this o...
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My wife and I are considering purchasing our first 6 unit apartment building. The numbers are looking good so far but our only question is that 3 of the 6 units are rented to Section 8 recipients. We have never had ...
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Hi All,First time posting on here but I have been an avid reader of the forums for a couple years. Great learning tool.I invested in single family homes in Houma, Louisiana from 2006-2009 and did okay, a couple rehab/...