Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Josue Vargas
Silly question, which book (as a gift) for new tenant to read?
Hello BP!I will be in the process of renting my new property (Class A/B SFR) next month. What things do you give as a gift and Welcoming package for new tenants (if any)?I was thinking to buy a nice book with tips for...
Sinil Kim
Want to increase rent after closing, What can I do?
Hi Guy I have a question. I need your opinion. I just signed on legal 2 family house in New Jersey 2 bed 2 bath.Listing price was $380k but I signed on $315k.I need to keep the 2 tenants till closing date. That's a p...
Rich Weese
received a PM from a member that made me think back. Please share your experiences here.
I received a PM from a colleague. I hadn't seen him on here for awhile. He was asking for my book, and I told him I had run out and would eventually be putting it on line as an E-book. Then , he told me he had lost hi...
William Salas
This is the story of a terrible mistake haunting me right now.
"I'm selling the flower shop" said my retired father.
"Are you sure?" I said with some hesitation.A retail storefront with 3 apartments in Chicago.
Owned free and clear, grossing 5k a month.
Why sell?
He received ...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
John Hodson
Should Tenant Pay for Landscaping If They Want It For My SFH?
Hi All BPers!I need some guidance. My tenant wants to level the backyard before the annual weed and feed. Below are pictures of the yard. It is uneven as you can see. They wanted to rent a tiller at first which I ques...
Mark H.
$500,000 in cash. What to do.
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Stephen S.
Tell me how you feel about allowing pets?
I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
Anthony Marini
Rental is getting plenty of showings but no applications
Good morning!My wife and I recently purchased a new home and are planning on making our current home a rental property. I have listed the property on Zillow/Trulia/Hotpads as well as Craigslist. We have what I would...