Douglas White
First Rental, overwhelmed
Hey BP So I bought my first rental investment property. I closed on it about three weeks ago and I just finished my rehab phase. I put it for rent last night already have had about 15 some acquires and now I’m getting...
Mike Dymski
How do you aggregate PM books with the stuff you pay for?
For those of you using outside PM, do you have a clean or automated solution for aggregating your PM books with the stuff you pay for yourself (insurance, taxes, mortgage payment, admin costs, materials, travel, etc)?...
Trevor S Foster
How important is EMD on first offer of MLS listing on rehab home?
Ive been debating with one real estate agent that I work with. I'm new to real estate investing and he just got his license. He's been adamant about having a copy of EMD check sent with each offer.I'm on the other sid...
Account Closed
Lease renewal for an inherited tenant
Lease renewal for an inherited tenant.How did you go about it? Did you bother with a background check? Did you raise rent? If so, was this after repairs or w/o?Thanks
O'Neil Mbakwe
Wholesaler Dealing with Cash Buyers
I came across a cash buyer whom I’ve never done business before. They were interested in the property I had, but before depositing any earnest money, they wanted to see the resale contract that I made with the seller....
Niels Voorhoeve
DC Landlord Forms Errors
I bought the DC Landlord Forms package yesterday and noticed a few errors in the text. The worst example so far is in the Security Deposit Transfer paragraph on page 2. "After the transfer is made and after written ...
Brian W.
How to minimize potential for damage upon tenant moving out
What are some ideas that can help encourage the tenant to leave the place in good shape and to prevent or minimize damage done by a disgruntled tenant who is getting evicted?
Should I remind tenants of their security...
Greg Smith
Withholding the Security Deposit?
Upon moving out, the tenant received notice from the property manager
(via certified mail) that the landlord was making a claim against the
tenant's security deposit for repairs and cleaning. Included in this
...
Mindy Jensen
What to do with mail being delivered for prior tenant?
This showed up in my facebook feed and I started wondering what responsibility the landlord or new tenant has for previous tenants mail? I'd write Return to Sender a few times, but then I'd get fed up. I would probabl...
Austin Alexander
Application / Lease Templates
I am about to be finish my 1st rental property and will be preparing to find a tenant. I will take any advice on the process, also if you happen to have any good resources for a Lease Agreement or an application, ple...