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Results (1003)
Rachelle Richardson Advice for First Rental Property
5 February 2023 | 10 replies

Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...

Michelle Felux Service Call Reimbursement from Tenant on HVAC Filter Clog
24 May 2018 | 15 replies

Hello everyone! So we got a call this weekend in the South Texas heat that one of our tenants had the AC go out completely. Of course, we went through as quickly as we could to get in touch with our Home Warranty comp...

N/A N/A best approach for acquiring rentals
26 November 2007 | 22 replies

If a new investor has around 300k to begin acquiring rentals, would it be wise to buy the first property ALL cash, and then draw on a LOC from that first property to buy the second ALL cash. Or just begin to purchase...

Chris Rose About to close on first 4 plex, inheriting 3 late paying tenants
18 August 2016 | 8 replies

I am about a week from closing on my first rental property, a 4 plex apartment with 1 vacant apartment and 3 apartments rented on a month by month lease. The current owner inherited the 4 plex from his dad after he pa...

Cory Lucas Tips on inherited tenants?
11 February 2020 | 42 replies

Hey BP, gearing up for our first purchase, yay! It’s a duplex with 2 tenants currently renting with leases up in April. Any thoughts on best ways to handle inherited tenants? Things not to do? The current landlord tol...

Nick J. WTF!!! I wish I was illegal
17 August 2010 | 100 replies

So as many know the SB1070 was to go into place at 12:01am tonight but the judge just ruled blocking the KEY components of the law.

Law enforcement are not required to make a reasonable attempt to determine immigrat...

Hector Serna Just canceled my 3rd deal… time to start over
26 January 2024 | 46 replies

Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...

Tony Nguyen How Much Higher Would You Pay For Seller Financing?
6 March 2012 | 34 replies

Hey guys,

I recently met a seller who owed nothing on his property. It's a good property, under 10 years old, 3/2 with 1300 sqft, etc etc.

The house has comps from 70k (fixer) to 90k (move in condition). It can rent...

David Nacco Calculating your net worth
12 January 2020 | 34 replies

This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth