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...
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 ...
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...
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...
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...
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...
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...
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...
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. ...
I'm an avid listener of the Bigger Pockets podcast and reader of the various articles/blog entries. One of the things that I've heard many experienced investors suggest is to make sure your offer has a clause/continge...