Bassim Audi
Looking for General Contractor in Indianapolis
Hello All, My business partner and I are starting to work into the Indianapolis area. We have our first SFH under contract near speedway. We plan to scale quickly and aggressively. I am looking for some recommended Ge...
Ally Kumar
Inherited tenants - OK to do different rents when lease comes up?
I recently acquired a triplex, each unit is $200 below market rent. Tenant A is month to month, is a disabled elderly woman on low fixed income. Her son who doesn't live in the area told me it would be very difficult ...
Shawn Good
Advice on Taking Over Mismanaged Multi-Family (8-Flat)
I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
Thomas Sulz
Interest on a Promissory Note?
Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...
Matt Mainini
How to overcome emotionally difficult tenants?
I knew this would happen eventually, but I still don't know how to overcome it mentally. My goal is to grow my business (currently 3 rental properties) and work on systems and whatnot, yet I'm deeply troubled by one ...
Samuel J Claeson
How long of a time frame does a landlord have to remove ice/snow?
Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...
Carson P.
Inherited Tenants - M2M - Handling the Transition
I've recently got my first investment property under contract. A side by side duplex 2Bed/1bth (C class). I am in the process of becoming a first time landlord and want to make sure I am following the Wisconsin laws c...
Harry Lin
Tenants wants me to install a fence
Tenant wants us to install a fence in the backyard because his car got vandalized. The way he positioned it is that it could be the House next time. This is a bad tenant who knows how to play the system. He recently l...
Mike Landry
I think I found my first deal!
I think I found my first deal in Kingwood (Houston area). Long story short:An old friend of a friend bought this house in 2007. Lived there for a couple of years got married and moved. He paid $124,000, tried to se...
Christopher Goldie
Syndicating New Construction?
Quick primer:I was involved in the site work of a luxury riverfront townhome development here in Columbia a couple years. Phase 1 had 12 units - 6 river priced at $540,000 and 6 city view priced at $430,000, all curre...