Keith Jourdan
Thoughts on younger tenants? Early 20s
have a 4plex. 1 vacancy currently. All 3 current residents are in late 50s and keep to themselves. Have had a few early 20s girls interested in vacant unit. I'm scared of them partying and disrupting my other tenants....
Julian McClean
Tenant Occupied Rental Investment Property Questions
Hello BP Community –
I’m new to BP and to Real Estate Investing so looking for some guidance from this amazingly informed group. I’m investigating my first potential purchase for a buy-and-hold rental property (whic...
Christina Banker
Prospective tenant submitted pay stud through zillow screening tool
Hi All,A prospective tenant submitted the last three-month pay stub through the Zillow application. I tried to verify whether the company was legit. I searched for it in the Florida division of the corporation. The bu...
Loy G.
Tenant Damaged Walls
Did a pre-move visit on property and tenant pointed out several spots they know they damaged walls in several locations throughout the house. They said they were going to patch and paint them. They are now contactin...
Rhonda Nelson
How to calculate Tenant's Monetary Responsibility of Wall Damages Requiring Drywall
Tenant moved out and left countless large wall and nail holes / baseboard damage / drywall tears due to adhesive removal, etc. I had to paint the entire house due of the multiple areas of damage. How do I calculate ...
John Dowling
Finance options with 3-yr severance and cash but no income now.
I have a good friend to whom I'd like to give some good advice.He was recently let go from a job (of 25 years) where he made $50,000 and had the exclusive use of a nice house. As severance he has a guaranteed salary p...
Dean Suzuki
Security Deposit: What if seller doesn't have the tenant's security deposit?
Hi,
I am negotiating on the purchase of a four-plex in Arizona. The seller just countered my purchase offer stating that they don't have any of the security deposits for the tenants in the four-plex.
...
Jody Powell
EMDFunding.com
Has anyone here ever used this service, and if so, any feedback?
Their basic premise is:
"Use Our Deposits, POF, and Buyers for ALL of Your Wholesale Offers and Contracts
Unlimited Deposits: We’d ...
Jack B.
Normal Wear and Tear vs Damage (WA)
Background: -I failed to do the walk through inspection with tenant before they moved in or get pictures when I moved out. I just have my gf and the original pictures from when I bought the place as evidence of condit...
Matthew Albritton
Separate Bank Accounts per Property?
Hi Everyone,Quick question. I heard it is a good idea to have separate bank accounts per property. Is this recommended? Are bank accommodating?Thanks!