Peter M
Need Help! Getting killed by my rentals!
I am in desperate need of some advice. I have six properties with 14 units. I have owned them for two years. I own them mainly in the midwest. They are fine when they are rented out. They basically break even. I...
Sal Flores
Texas Residential lease agreement to add "Pest Control terms"
Hello BP'ers,I have been using the Texas Residential Lease agreement (I am in El Paso TX) for some time now, besides this template does not have a specific term in regards of "Pest Control", other than it mentions to ...
Ben G.
What's Your Take on Pet?
Good day, BP community!I am looking for your opinions, advice, horror stories, etc on renting to pet owners. I currently own a 4-unit multi-family with a "no pet" policy. Recently, I have had to turn away two perspect...
Ed O.
Strategies to increase profitability of rental properties
What proactive measures do you take to increase profitability on your rental units? Here's some things I have done recently:
1. Challenged tax assessments.
2. Hired a firm to handle the 2nd round of assessment chall...
Lynette Johnson
Tenant went bad after I gave good reference.
Told tenant 60 days prior to lease end that I would not be renewing. I have family that I want to put in the apartment. Never had an issue with the tenant at that point. I bought the property eight months ago and inhe...
Arthur Banks
Car washing and minor maintenance
Do any of you landlords allow car washing (tenants responsible for all utilities) and minor car maintenance on your properties? I'm under contract for a 2 flat in which I am having the plumbing redone (stolen copp...
Account Closed
Applicant has no job but wants to pay 6 months rents.
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Takahito Torimoto
Lots of beginner questions (single family rental properties)
I have a bunch of "beginner" questions relating to (mostly single family) rental properties:Where/how else can I find single family rental properties to buy if not through MLS/realtor? (As I hear there are cheaper/be...
Jonathan S.
Stuck! Trying to Sell in CA, but CANT because of Tenants!
Hi BP! This is my first post!
I live in Los Angeles and have a rental property 3bd 2 ba SFH that I am trying to sell. The reason I'm selling is the tax benefits.
Purchased for $405K in march 2015, now Z estimate is...
Luke H.
Tenants wants out of lease in 15 days
A tenant just called me and asked if I could work with them on the following. They found another property and want to be out of mine by Dec 15th. They even asked if on tomorrow, Dec 1st she could prorate the rent. ...