So upon going under contract for the building the tenants were paying rent per the seller. Upon final walk through found out 1 tenant was applying for rental assistance, this tenant never had a security deposit but t...
Hi All,Here's a situation.I bought a rental property from a turnkey provider based in Indianapolis last November with a tenant in place. This provider rehabs, sells and manages a property so they've managed a property...
Hi all,I'm looking for a little help in how to structure a private note. Another investor and I are partnering on a flip and slipping the profits 50/50. My side of the funding is coming from my dad, who I will be spli...
So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...
Afternoon,
I recently purchased a property in Indianapolis. It came with a tenant on a month to month lease. I started trying to track down if this tenant had a deposit in place, but there isn't a record from what...
Toying with the idea of developing a project which would be targeted at tradespeople/smaller contractor. Each tenant (or partner, not sure of the structure yet) would have their own office space (approx 200 sq ft), a...
My brother's family owns a few very nice homes in a resort market that he rents out. The rentals are primarily during the summer season as that is when people visit the town. Of course, they are having a harder time w...
Hey group, I wanted to reach out to you all and get some of your ideas on the best practices for protecting your investment during the rehab process.I am looking at a property in a lets call it a “D” neighborhood. The...
Hello BP members. I am new to BP and have been a landlord of a SFR since 2012. I rent to a Section 8 tenant that likes to keep the heat at 80 degrees. Which is fine since the tenant pays the gas bill. I warned t...
Hi, this is in California.Per our lease, the tenants were supposed to leave the property in the same condition it was found (minus wear and tear). We agreed to let the tenants hire a company for deep cleaning and carp...