Mike S.
1% rule way more work and less profit?
Seems impossible to get 1% in booming cities like NY, Boston and San Francisco... in Boston you are lucky now to get 1/2%. Maybe with development you can get 3/4% but its hard. I often think about the places that get...
Ty Cover
Take the equity and less cash flow or
I purchased my first BRRR in November for 80k. I’ve invested 70k turning it into a duplex. The top is already rented for $2000 and the bottom will be rented for around $1500 when it’s completed in a couple of days. Th...
Sri P.
Newbie dilemma, problematic tenant- increase rent or end lease
Hi All,
Am new to the forum and wished for some advice on whether it is worth keeping a problematic tenant.
We recently bought a three flat in the Chicagoland area, our first. The tenants in the second floor and gar...
Robert Ablorh
Tenant option to end lease early for job transfer
Hey all, I have a tenant who want to know her options for terminating the lease because she might be getting a job transfer soon. I know there is a 3 month notice but is there a 3 month payment up front. She has 2 yea...
Arthur P.
Coronavirus and late or no rent payments
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
Thor Sveinbjoernsson
You have 6 months to liquidate your assets
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
Craig S.
Do You Refund Rent If You End Lease Mid-Month?
Hello,
I served a 3-day notice to a tenant recently and they should be completely moved out by tomorrow, January 23rd. There were drug-related issues and they violated the lease, so I served the 3-day.
My tenant pai...
Jorge Abreu
Reason 8 - Consistent Returns & Less Volatility Than Stock Market
💥Reason 8 on Why the Wealthy Invest in Real Estate!
The long-term performance of commercial / multifamily real estate makes it a compelling asset class for many investors. If I could sum up that performance in two wo...
Sigmund VanDamme
How do you handle tenants asking for end lease early?
I have a tenant who is about three months into a 12 month lease in his asked me what is options are if he were to be able to get out earlier. Him and his partner are looking at buying a house.How are you guys recomme...
Chris Bergeron
Tenant wants to end lease early due to bad area
Good Morning! I have a quick questions and wanted to see if anyone has encountered this before. I have a Section 8 tenant who moved into one of my properties about 4 months ago. She has been an amazing tenant and I re...