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Hello BP Community. I have a real doozy going on here. I just moved in a few weeks ago a new section 8 tenant into a duplex with the other side occupied by another section 8 tenant. I am getting great rent per side. A...
what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
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After several texts the tenant agrees to give the deposit that same day and pay the first mos rent Friday, so I agreed to that and they agreed to that, well two days later they decide to back out and demanded to ha...
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What things show weakness to tenants.
Another thread mentioned "weak landlord face." What are the signs?
I would call these weakness:
- Rent not due until move in day
- No lease
- No rental application
- No refere...
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Hi everyone,
I'm running into an interesting situation and am not sure which path to take.
I own both sides of a townhouse-style building. I am actively showing one unit to potential tenants, but the unit next doo...
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hi, I live in a townhouse style condo and have both an HOA and a Condo board. The HOA has send me about 3 or 4 threatening letters over the last 6 months for various things. One more recent issue was they had a lawyer...
So today I found a "NOTICE OF TAX DEED SALE" on my front door. I rent a tiny 520 sq ft single family house in a horrible neighborhood -I mean the worst, however it's this house is Heaven to me. After the recession m...
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Hi everyone, I am replacing my roof, have received quotations ranging $15,000 - $35,000 through my property manager. I created a spread sheet so my property manager can fill with data (total price, price/sf, warranty,...
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Good Evening! Long distance real estate investor here. I am currently living overseas and I have a 3/2 located in Albuquerque, New Mexico. Current tenants have been there for 13 years. They are coming up on their next...
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Hi everyone. We are in the middle of remodeling our 2 bedroom units within an apartment building. Currently the wall colors in every unit is WHITE in satin and looks if it hasn't been painted since the 70's so lots of...