In an earlier thread, I described my concerns about getting out a problem tenant. They actually did move out on time yesterday, thats the good news. Bad news is that in the process they removed/threw away all the dr...
Background
I started my journey with REI Nation (formerly Memphis Invest) in 2019. At the time, I already owned a few properties. While they generated some cash flow, I found the effort required to manage them wasn’t...
Would it be much of a risk to rent on a month to month to an individual who filed chapter 7 Bankruptcy back in 2012 and is forceclosing on his home this year? I have only had 2 applications turned into me, in a 2 mo...
Hello fellow BP members,
Please kindly offer your advice on this property deal. This would be my first commercial apartment building. Its an out of state property in Columbus, Ohio. 12 unit - 2 bed / 1 bath apartme...
I got this message from my PM today:
"The resident in unit 3 has not paid his monthly rent and owes $50 for last month. I just spoke with him on the phone and he said that a couple years back someone had used his so...
hi guys, I'm renting out my first property and we have a prospective tenant who has 780 credit score great income and seems like the kind of person I would want to rent to. The only problem is I put on my ads that's I...
Hello all, Just bought a condo last year as a personal residence in Chino Hills, CA. I stumbled across some readings about HELOC's and how it helps pay the home mortgage down faster and paying less intrest. On top o...
We've been using AirBnB for the past year with no problem. Bookings were slumping so we listed with VRBO and got a 2 month reservation within 24 hours. HOWEVER, the guest payed on 5/31, and they say we will not rece...
Hi all,Market is very expensive in my area and most properties if rented would barely cover mortgage payments, however, my friend, few years ago was buying Studios in co-ops that allowed to rent out and she's making a...
So I set up my LLC through LegalZoom and got a "free" 1 on 1 call with a rep from 1.800.ACCOUNTANT as part of setting up through them.I just got off the phone with the rep, and now I ask you: Has anyone here used 1.80...