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Seller has 7 single family homes and wants 100k each. He claims the rents are all $1000 a month, but has never used leases, collects cash only, and won’t provide bank deposit statements or any form of evidence. Won’t ...
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Just settled a could have been litigation and I thought this will be a good thread to start about the lessons learned as a landlord. The lessons I have learned from this are:
1. Never rent to a person who filed for b...
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Hey everyone I wanted to become more involved in the forums and what better way to start off than with the introductions section. My name is Zubair Afzal ( I just go by Zu) and I am starting off in Costa Mesa Califor...
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I bought a Triplex with an upper and 2 lower units early this year. Currently the upper tenant is enraged that his apartment constantly smells like pot. He has called the police and has messaged me many times that thi...
Yesterday for the first time I had a potential tenant tell me the she has a felony on her record when I sent her my application. I Googled her name and found out she was convicted in 2015. My unit is in Buffalo, NY....
Hi everyone. I am new to the site here and needed to get some thoughts and opinions on leasing a mobile home park. I have been researching flipping mobile homes, renting them, and also owner financing them. I've read ...
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I am currently in the process of closing on my first Duplex in the Chicago Suburbs. It is a long story yet i was able to get an off market deal, in exchange for handling all the problems. I close September 1st.The cur...
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I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
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Hey PBers.I'm a little scarred from tenants using my nice SFRs to build grow houses. It has only happened once, and through amazing luck, they turned out to be the nicest drug dealers ever and helped pay to remediate ...
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10:51 pm, I get a call from a tenant at my duplex. She tells me that her roommate is having seizures, that she's called 911, and that 10-12 of her roommate's friends are streaming out of the apartment as we speak. I h...