Michael Bertsch
Fireplace
Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?
Jay Y.
Property manager charging tenants a lease renewal fee
Hello all,So I found out my property manager is charging my tenants a $200 lease renewal fee for renewing a year long lease. They are charging me $150 which I'm fine with but it did kind of catch me off guard that th...
Herve Francois
Tenant background check after Multifamily repositioning
BP family - need thoughts!...
I’m looking to purchase a fourplex that is currently 100% occupied with tenants that have been paying rent $600-$800 below current market rents. The units are in decent, livable conditio...
Justin Garrett
Military capital gains
Hello all thanks in advance for the assistance!
So I am putting my rentals on the market at the end of the month that I purchased for 230. The list price will be around 410. Just some other important information I h...
Frank VanAusdal
Valuing a cash deal then refi versus an upfront financed one
Hi all:Longtime lurker; first time posterThis will be my first deal! I am assessing a deal for a 2 unit building. A commercial space on the bottom and residential on top. I am confident of improvement costs and my eve...
Christopher Winkler
Realtor Using A Non-TREC Contract In Texas For My Investments
Once I get my license, can I use a Non-TREC purchase contract to buy investment property for me as an investor with my Realtor hat off?
Grant Shipman
Resources to understand Contract to Buy & Closing Documents
Thanks for reading! I'm looking for specific educational resources on step by step completing an offer (Colorado Contract to Buy Residential). I'd like to know how to do this with transactions using owner financing. ...
Nicholas Boccella
Current tenant applied for Section 8
Hello all,I have a current tenant in a duplex who was approved based on their current income. They have been with me for over a year and are good tenants so far. She just messaged me today that she applied for and r...
Joseph Scorese
How to Find a Good Real Estate Agent and what Traits should you look For….
How to Find a Good Real Estate Agent and what Traits should you look For….First off, let me say that there are a lot of good Realtors out there, with many different brokerages. There is not just one brokerage that is ...
Kenneth McCormick
The best way to buy from a close relative?
Preface: Fairly new to all this.I have the opportunity to buy a two unit property, where we currently live in both units, from my brother. I intend to purchase the property, live in one side and rent the other when he...