Hi everyone!My husband and I finally closed on our first rental property, a 4-unit house! I'm so excited but am a little nervous about meeting the tenants for the first time tomorrow! Each unit is currently rented so ...
When looking at an inspection report do you all generally avoid anything that has a foundation concern? Are all foundation concerns a "no go" or are there levels to this?
The inspection report says "foundation wall l...
Hi,I’ve done a few hard money deals and I’ve been trying to cash out refinance a rental that’s just about finished. The home is only worth about 85K so I’ve had a hard time finding a lender willing to work with smalle...
I have three questions.
1) Why would an apartment building owner consider a Master Lease with Option?
2) What are the advantages for the owner and buyer?3) How common are these contracts?
Hello,
One of my least favorite tasks is checking out prospective tenants. At the level I rent at, I don't have the luxury of just running their credit and looking at their FICO. With rare exceptions ( c...
I'm hoping this is pretty easy. When eFiling a summons, it asks me to put my address, and I don't want to put my actual address for the old tenant to see for safety concerns. Should I be listing my rental unit address...
Rental real estate is traditionally an excellent medium-to-long-term investment from a financial standpoint. But the idea of dealing with difficult tenants is at or near the top of the list of why many investors do no...
Hi,I was curious what everyone's policy is on allowing MTR tenants to receive mail throughout their stay and what are the associated risks involved with allowing them to get mail. Thanks!
I'm curious if any other counties are looking at changing the assessment of residential short term rentals to commercial for the purposes of property tax like El Paso County (Colorado Springs) is? This idea was recen...
Hello BP landlords,My property’s mailbox keys were not returned by the previous tenants and my management company is saying that they can not get my mailbox keys until a new tenant is in the property so they can reque...