Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
How quickly time flies. Seemingly just a few months ago I posted an article with thoughts on the first year as the owner of a small block of 18 apartments we bought a little over 2 years ago (see link below if you’re...
Hi, all. I know there's a wealth of information on this site but was hoping to get a more recent assessment of the Gwinnett County area and the opportunities as they are today (April 2013).
Specifically, my partner a...
Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...
We have all heard the horror stories of terrible property management. I mean, really, bad property management is probably the number one problem in all of America. Overstatement, yeah; but it's just my way of venting ...
What do you do if you were me? Please advice?
Even though I trained them that due date is due date, My tenant moved in May 2109,it’s a year lease contract with 1st
day of the month due, in June 4th, I got the firs...
Hi all, thank you taking the time to read this post.
I have a property undergoing complete remodel in Augusta, GA. However after my contractor received his 2nd draw at the end of Sept, 2019 he stopped showing up to t...
Hey everyone, I started a property management company about three months ago. When I was looking to get into it everyone said that there wasn't any more room for managers in my town. Since then I've scaled up from my...
Here are the vitals:48 lots31 occupied with a trailer on them, Average lot rent is $20013 trailers are owned by the park with 2 of them needing work(8-9 of these are currently rented out) The total rent is $550 on the...
Hello everyone. This is another Morris Invest Case study. I'll start at the beginning and do my best to lay it all out. Please feel free to reply with any questions or comments. In early 2017 I discovered Morris Inves...