Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Charles Ngansop
NICE TENANT BUT ALWAYS LATE OR BEHIND RENT PAYMENT
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Brenda Whittaker
Displacing Good Tenants if I Sell
Since out of state investors have infected my area and forced up property tax I can no longer afford to keep my rental. The tenants are very decent hard working great people who love the house but cannot, like most h...
Kassie Carrell
My rental property is worth 120K. Profit?
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
Jose Diaz
How long on average does it take to evaluate a property?
Hello to all. I am new to RE and am interested in wholesaling to begin with. I have been reading Than Merrill's new book "The wholesaling bible". In the book he stresses the need to learn to evaluate properties qui...
Abdul Azeez
Extremely bad PM experience
Folks - I previously shared my experience regarding the complete mismanagement by Reedy and company of my rental in Memphis, TN. I have now changed the PM to a different company but wanted to share that this has been ...
Latonya Hinton
Eviction dismissed with prejudice
I was served with an eviction for late payment of rent and we had court December 4th. We both showed up but the landlord stepped out and when the judge called for us she didn’t come back in the room so I was asked how...
Jon S.
Tenant breaking lease
A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
Jack B.
Heavy property taxes in WA worse than state income taxes
I’ve been planning a relocation recently avoiding states that have income taxes. Then it dawned on me that I’m paying 25K a year in property taxes here, which is CONSIDERABLY more than I would pay in income tax on my ...
James Kandasamy
AC cannot cool below 78F
Hi BPers,We have a house that was built in 1984 in Texas. The tenant claims that the AC cannot cool down below 78 F. The outside temperature was around 100 F when they claim this. The AC is running all the time. The A...