John Truong
Question about the Quit option in "Notice to Pay Rent or Quit"
Hello,After the tenants decide to "Quit", how do I make the lease termination official?Background: I gave a 3-day notice to my tenants last night. Tenants can no longer afford the rent and is one month behind. They ve...
Zach Fulton
Should I have my tenants get renters insurance?
Please read my post before you just say yes. I just bought my first single-family house. This will be a house hack and I will rent out the three other rooms in the house. Each renter is a good friend of mine. I asked ...
Spencer Cornelia
Solving the Bed Bugs Problem (in House Hack)
Background: I operate a 7 bed / 5 bath house hack in Las VegasMy cleaning crew found a bed bug so I hired pest control to come investigate the property. $85 later and no signs of bed bugs. Huge relief! Dodged a bul...
David Dachtera
Your Affairs in Order? No one Lives Forever
This is copied-and-pasted directly from a Facebook post. It seems such a good summary of the need-to-do list, I thought it could be helpful ... As always, get competent professional advice on all matters, legal and fi...
Brandi Carballo
Someone stole my frickin tree!
So I'm in the tail end of a rehab, already under contract. I bought a magnolia tree and some azaleas. I am extremely familiar with the neighborhood, I grew up in this house. It is a one lane, dead end gravel road, ver...
Alex T.
City Violations Resulting From Tenant Behavior (Massachusetts)
My rental property is located in a city with strict rules about trash pickup (Chelsea, MA). Trash needs to be in bins with lids closed or in orange trash bags purchased from the city. Residents are not allowed to just...
Dan Milinazzo
My first BRRRR turned Flip
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $109,900
Cash invested: $104,100
Sale price: $250,000
Small 2 family property that was in the same famil...
Elizabeth Smith
Option to Purchase Questions
Hello, I just found BP and am pleased to be a part of this great resource. I have a few years of RE investing under my belt but there is always more to learn. I have a current seller who has agreed to sell me their pr...
Derek Johnson
Sherriff Sales
I am looking at a house in highly desired area coming up in a sherriff sale in April.
It's listed at under $50k and valued over $220k.
It says at the auction you have to have cash, cashiers check at the sale. I was ...
Matthew Terry
Just closed and current tenant abandoned
Hello BP Mates,
I just closed on my first out-of-state investment property and just found out that the current tenant abandoned the property.
Originally I had thought that having a current tenant meant mitigating v...