Kenneth C.
Post Eviction (Cut Utilities)
BP Community!I have a question. I have a "friend" that has an apartment unit that consistently has bad tenants. As a precaution, they now include in their lease that the landlord pays certain utilities and will be rei...
Preston Hamilton
New stipulation on Countrywide Approval
Line # 10 basically states the home may not be transferred or sold for 30 days. Escrow are to add this verbiage to the closing instructions and must notify Countrywide if this does indeed happen.
That kinda sucks. ...
Dave Salcido
Can you cash flow an abandoned, underwater, rejected short sale?
I already know the answer is yes but let's evaluate, discuss and see how many variations of a workable solution we can create.
Micah Lundstrom
Starting out in real estate investing: Purchase vs Arbitrage
Hello, I am new to real estate investing and hoping to source some advice on first steps. Currently I have about $60k that I would be willing to move into real estate. By the end of the year I could have $80k. I work ...
Jordan Gerkin
Buying 2-Flat w/ Not Legal Finished Basement
Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
Chris Torbert
Realtor making the transition to REI...Deal Analysis Feedback
Hi everyone, I have been silently observing here on BP for a little while now, rapidly educating myself on all things REI. I am a Realtor working to make the transition over to real estate investing. My ultimate goa...
Freddy T.
Tenants are smoking weed and strong smell is radiating to my second unit.
I just bought a duplex about 2 weeks ago with tenants in one unit already living there. I realized that the tenants are heavy marijuana smokers and have permeated the smell to my other unit. I am having issues showing...
Bruce Woodruff
Unusual STRs that you have seen?
Recently moved to a new area about an hour west of Phoenix. We know AZ is a cowboy state for sure, but this is a new one. About 50% of the houses around mine are STRs...but with a twist. They all must have horse facil...
Brooke Roundy
Tenant marijuana smoking nuisance
I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs. One of my LTR tenants is a heavy marijuana smoker and the smell is invading my Airbnb. I have now received numerous ...
Juan Del Arco
How should I handle repair done by tenant
I received a text message this morning from my tenant saying that over the weekend he replaced the kitchen faucet. On one side it is nice he is taking care, BUT I am worried about falling into a game of repairs and m...