Gregg C.
Using a 7yr ARM for a non-warrantable condo
Hi All,
I am under contract on 2bdrm condo in the Park Hill neighborhood of Denver for $94,300. Having a difficult time finding financing since it is an investment property in a condo with the own-occ rate at...
Emmanuel Okelola
Starting out in central Florida
Hello,I'm curious on recommendations on how to get started. I've read Brandon Turners book on Rental Property Investing, I regularly listen to the bigger pockets podcasts as well as research and learn about buying and...
David P.
Realtor double ended and commited fraud?
Here are the details. I been in escrow for the last 5 months on a duplex in Los Angeles where I used the listing agent to represent me. I wanted the units delivered vacant and the realtor expressed to me that the sell...
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...
Tomo Iikubo
Evicting Tenant with Medical issues - Feel like a grinch
I am having to evict a tenant for the first time, and wanted to get some perspective / opinions. Tenant had an ongoing trend of late payments, etc., which I let slide for the first few months. October check bounced,...
Mike Gerson
Tenant died of Covid, wife left unable to pay rent
I have a terrible situation. Pretty good tenants for 2 years. The husband died of covid. Wife was also hospitalized with covid but is back home now. She remains on oxygen and has nurses coming to help care for her...
Lynette P.
Termite fumigation - tenant occupied
Hi! We are considering purchasing a duplex (in Calif). Pest report indicates presence of termites & need for fumigation. Property needs to be vacated for 3 days & 2 nights. One unit has a tenant. What happens ...
Michael Walton
Crazy first day of ownership - Advice needed
Hi BP,Yesterday I finally closed on a my first property, a multifamily. I was so excited because I think I bought a good deal - cash flows well, bought under the appraised value, most of the units are recently renova...
Matthew Dunn
New Tenant Asking Asking To Pay Late
Dear Fellow Landlords,I just placed a new tenant into my freshly rehabbed 2 bedroom apartment which is part of a 4plex. As I'm new, I feel like I screened her thoroughly and she came back good on all the checks I made...
Loc R.
Need some thoughts on being diplomatic
I'm in final negotiations on a 4-plex that needs to be completely renovated.
3 units are vacant; the 4th one has a bedridden (as in 600 lbs) tenant.
There is no relationship between the seller and the tenant, but he...