Jordan Sellers
New NC Landlord Trying to Navigate Existing Lease!
Hello!I have just closed on a 2 unit property in North Carolina and inherited tenants in one of the units. They are paying way below market value for their unit and it would be ideal if I could either propose a rent i...
Jess Barker
Foreclosure sales less profitable in 2014?
Hi all,
With home prices steadily rising throughout 2013 and the steady rise of interest rates, are individual investors out there still getting good deals on foreclosures? What markets/regions are you lookin...
Andrew Terrell
Who to contact about metering utilities seperately?
Hey BP!Here is the quick and dirty. A partner and I are closing on 5 single family properties in Shawnee, OK at the end of the week. Two of the homes are on one lot, and the water is NOT metered seperately. Also, the ...
Caroline S.
Educational Personal Finance Program
Does anyone know of any websites or services that teach personal finance basics and also help manage finances? I'm a recent college grad so I haven't had much experience managing my money. I'd like to learn more about...
Pat C.
Finance a property for personal use that my LLC owns
Hello fellow BP members!I'm currently trying to figure out the best way to finance a SFR. Here is the scenerio....an LLC that I am a member of purchased a single family home with the initial purpose of a fix and flip...
Josh McCullough
Reducing turnover
What are y'all doing to reduce turnover in your homes, or lots? Are you using credit checks? It just seems like everyone(at least around here) has bad credit. Stable income at least 3x's total housing payment? Do y'al...
Jason Watson
Grouping Passive Activities
Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...
N/A N/A
Smoking in non-smoking unit
I have not ran into this problem yet, but I was having trouble finding the right wording to put into my lease regarding the penalty for smoking in a non-smoking unit. Assuming there would be no physical damage (burns...
Account Closed
DIY odor removal
Hey everyone,Once again I find myself in a situation where I think I am being ripped off and could do a certain job much more cheaply on my own. As I might have mentioned before, I recently acquired a multi-unit re...
Derek Morrison
Do I have to show my property to everyone?
I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set. Do I also need to show my p...