Jeremy Anan
Dealing with a Tenant Disconnected for Unpaid Electricity Bills and Stealing Power
Hello All - I'm currently facing a challenging situation with one of my tenants and would appreciate some advice on how to handle it appropriately.
Background: The tenant in question has had their electricity discon...
Ed L.
Tenant Improvements????
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
Cameron DePaola
Housing Authority not paying their portion of rent on time.
I recently purchased a building with pre-existing tenants on section 8 living in one of the units. They did not have a lease so they signed a new one when I purchased the building. They had recently moved into this un...
Katherine Earle
Aggressive Inherited Tenant
I have owned an apartment complex for about a year now. Apprehensively, I let one of the inherited tenants sign a 12-month lease. He has been very cranky during the renovations, to say the least. He seemed to change h...
Ken Nyczaj
First Flip Completed Successfully! W/ Pics and Numbers
My team and I sold our first flip today!Started diving head first into real estate in the beginning of 2018 and haven't slowed down since. We found this deal from a DM Campaign. After a few campaigns with no results, ...
Account Closed
Approved Tenant requires Owner's SSN/Taxpayer ID for 'Reporting' purposes
does the approved tenant (for one of the 2 units in a legal duplex) have legal grounds to be demanding the owner's (landlord's) taxpayer id? tenant explanation is that intends to file a 1099 for each year she is owner...
Ryan Billingsley
Great potential lead from our Direct Mail Campaign but there is a problem!
We recently received a call from our direct mail campaign. Seller is motivated and owns the property free and clear. The property is 3/2 1500sqft. home in a A-B class area built in 1972. The property is worth 170-1...
Dion Shields
I found a house, what do I do next?
Hello BP Fam,
From what I've gathered thus far, it's advised that, as a newbie wholesaler, I narrow-in on or master a particular neighborhood, so I figured what better neighborhood to start with than my own. So I did...
Greg B.
Landlords - Are You Prepared for Massive Vacancy?
I have been doing this LL thing for 6 years now. My average annual vacancy rate for my business is around 7%. That is taking all the occupied weeks and dividing by all of the available weeks (X100).
I usually have ...
Doug Price
Wholesaler Letter to Seller
I want to get some feedback to a letter I am sending to solicit potential sellers. This is a second draft based on feedback I received from my local REI group. I am sending the following letter in a hand addressed env...