Joe Black
FIRE IN A RENTAL PROPERTY
HAD A RECENT FIRE IN A RENTAL UNIT IN MASSACHUSETTS. THE LEASE LISTED A SINGLE TENANT. THE TENANT HAD A FRIEND LIVING WITH THEM. HOW DO I HANDLE THE SAFE LEGAL WAY OF GETTING RID OF THE FRIENDS PROPERTY. THE FREIN...
Autumn Wells
Do I have to pay prorated rent for an uninhabitable room?
I was renting a room in a house when the toilet in the restroom next to my room overflowed (not at my fault) and flooded half of my room. Contractors had to tear out the carpet, the bottom half of the walls, and my do...
Leor Fay
How to calculate potential profits
Hey everyone, I listed a property at 168KI got a cash offer for 140K w a 2 week closing.Realtor Fees 4% (-$5600)Closing Fees 1.5% (-$2100)Remaining Mortgage ~ 73K (-$73000)That leaves me at $59300If i substract my Ini...
Adam Gonzalez
Has Anyone Taken The Bootcamp Classes Here?
Has anyone signed up and taken the Rookie Bootcamp, Multi Family Bootcamp, or STR Bootcamp? If so, what did you think? Loved it? Hated it? Very useful? Same stuff you can teach yourself here or online? Curios as to an...
Robert Adkins
Eviction Process for tenant
Good Afternoon all,I have recently purchased a property from an individual that used it as rental property. The tenants that lived there moved out 4-5 months ago but there belongs and lots of other junk still remains....
Ken Latchers
Better Arbitrage Idea
Since I was on a soapbox on a different thread here, I want to give my opinion on Arbitrage. Recently, Eric Moeller who is running an Airbnb success type business, has abandoned the Arbitrage model in favor of a c...
Josiah Guyer
Appliances in Lease Agreement
I purchased a duplex as my first investment property on July 30th. The property is already rented at $750 per month per unit, which is a little low for a 3 bedroom 1 bath in south central PA. Typically a 3 bed 1 bath ...
Jon S.
How to Acct for deposit after broken lease
Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...
Nathan Gesner
Illegal Evictions: Share Your Story!
Illegal evictions, also known as "self help" evictions, can get Landlords and Property Managers in a lot of hot water. I personally know a Landlord that always keeps utilities in his name but passes the bills on to hi...
Ryan Fulmer
BRRRR refinance with rooms rented out individually
Hi all,I live in Philadelphia and am planning on using the BRRRR method for my next purchase of a three-bedroom. When I run the numbers, it makes more sense financially for me to rent out the bedrooms individually ins...