Bhaskar Upadhyayula
Tenant trouble in 4-plex (Austin)
Hello All,I'm a first time owner of a 4-plex in Austin. I bought the property couple of months back and inherited 3 tenants (and 1 vacancy). All tenants have long term lease (mid to late 2019). I examined their lease,...
Jane S.
More Freaky Follies From Friday’s Rental Journal
NEVER remove for rent signs or cancel internet rental ads, until lease is signed, cash paid, and new tenants are in process of moving in!I had an applicant whose application showed NO debt, NO loans, etc.The screening...
Ken Latchers
Short Term Rentals - Obsessions
The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will...
Jack Macioce
Inherited Tenants - Real Life and Example And Questions
I recently bought a property (triplex) near Pittsburgh, PA. During my due diligence phase, and about three months prior to closing, the previous landlord signed a tenant to a 1-year lease. I obtained a copy of the l...
Matt Stemen
CPA or No CPA that is the question
Hi BP community. I have 4 rental properties currently and wanting to grow the portfolio and take advantage of tax strategies as well. I do not have a CPA currently that will help me as I continue to expand and add mor...
Scott Hubbard
Guru Bull Crap Claims
Before you spend $10,000.00 on a Donald Trump licensed course or Than Merill's how to make $30K in 12 hours spend a little time here asking some important questions first.
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Amanda Cates
Taking a tenant to small claims
I have a couple questions about what I can charge the tenant for. As I stated in a previous post I'm still learning because this is my first time dealing with a tenantt leaving me with a mess. Repairs are costing us m...
Blake Hansen
Difficult decisions at the intersection of REI and Covid-19
After YEARS of analysis paralysis regarding rent and hold (with BRRRR in mind) my wife and I finally have plans to close this week or early next. 3/2 SFR. Every penny towards our down payment and all estimated rehab c...
Carrie Herrmann
Second time newbie I guess?
It has been about a year since I've been on here. Have had so much going on! GOOD AND BAD!!! Let me start off by saying I now have time to be on here because I just recently quit my day job as a personal banker (I ...
Joseph Colon
NEED ADVICE PLEASE!!!!!!!!!!!!!!
If anyone can give me some advice. I have a lead and the house is listed for 369,400. Perfect condition but I just got an email stating that their was a loan taken out in 2011 for 148,000. As a wholesalers stand point...