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Results (4996)
James Park New Landlord. How to handle a situation when tenant cannot pay the full rent amount
21 June 2012 | 51 replies

I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.

Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...

Kevin Gerace Anywhere else the 1% Rule doesn't work out?
18 December 2015 | 51 replies

So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...

Todd Handriegh Bleeding Heart Syndrome
5 November 2021 | 58 replies

Hi all
Started landlording in 2018 and I have grown to 3 properties since then.  I have never evicted anyone, or even terminated a lease, despite a few situations that warranted it.  
As you may predict, that is my ...

Engelo Rumora How I Completely Lost My A$$ On This Deal
5 September 2015 | 112 replies

G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...

Account Closed SUB2/WRAP DEALS = GOING TO PRISON!!? :(
29 June 2018 | 66 replies

Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages.  I am wanting to utilize this as a way to invest and add to my portfolio.  So I was talking with an attorney and he mentioned equity skimming laws ...

Ciji Masser Investors who started in late 30’s with multiple children
1 February 2022 | 82 replies

Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...

Robert-Lee Pass Offer sent last night .. But i noticed this stuff... Do I Kill the Deal?
23 February 2024 | 35 replies

well i saw the property yesterday. has a few weird things about it .
Pex Piping , Slab foundation, no slider or door for rear access from inside the house
(have to add a side gate entrance to the rear) No garage, ...

Joseph Barbaretta How much to give a GC upfront?
30 November 2015 | 79 replies

I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....).  I have a general contractor that I think will do a good job.  I wanted to do the work as...

Account Closed How Do I Handle This: poorly insulated unit and rude tenants
29 July 2018 | 37 replies

Hello Everyone,This is going to be a little lengthy....I'm a new landlord, and these are my first tenants. They live in an apartment above my garage. The lower half is not insulated, and the HVAC system is old but fun...

Account Closed Tenant Consistently pays rent late, how common is this ?
8 September 2017 | 82 replies

One of the tenants in my Triplex consistently pays rent late each month, the latest date paid so far has been the 11th of the month, the tenant adds to the fire by being impossible to reach, doesn't respond to calls o...