Sharon H.
Should I renew the lease when tenant always pays late?
Hello BP Community,I am new to real estate and this forum. I converted my primary residence to a rental property in October 2017. The house is in Los Angeles and the lease will be due in October 2018. From November 20...
Rosanna Sampson
New scary HUD rules
Hi Everyone,
Got this message from Boston REIA and thought everyone should know about it.
Rosanna
Dear REIA Members:
The following information is extremely important!
HUD has proposed to eliminate ALL seller fi...
Kim J.
Tenant becomes AirBnB competitor - Need Advice (TLDR)
Need advice... TLDR: What to do about a tenant who is now my direct competitor on AirBnB ?Long:I bought an AirBnB property with 2 rentable units: a 1-bedroom MIL cottage, and a 3-bedroom custom home, in a small, sea...
Aaron Wyssmann
$1,000 gone missing...
So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...
Prag Patel
Property Manager Backing Out of Raising Rents
One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
Elliot Saks
New investor in Southern California. Need help with strategy
Hi everyone,I've been lurking here for a while, but haven't been ready to take action until now. I apologize up front if this post is disorganized, but I'm sure there are other people who are or have been in my shoes...
Amy Thompson
Rental property help: sell or keep?
Hello! I need help from smart people on this forum to decide whether my rental property should be sold or kept. It is a condominium with 3 bedrooms/2 baths, 1200 sq ft, built in 1997. It was bought in 2011 at a price ...
Daniel Miller
This one will be a bit of a challenge
Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...
N/A N/A
Pay cash, then refi?
Hi, I'm looking to purchase a SFR as a rental. My last few I've always just put 20% down, but was wondering about paying cash for them. I'm looking at a 200k home. I can pay cash for it, but would then like to refi...
Brian Stone
Ok, Lifestyles Unlimited or Jim Ingersoll for Coaching/Mentoring?
Jim Ingersoll is local to me, he is in Richmond, VA and is about to roll out a nationwide coaching program. I haven't gotten all of the information on how much it costs or how accessible he will be yet, but he is an ...