Melissa Villegas
URGENT: Tenant wants out of lease, threating lawsuit
Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
John Hanson
1% or 2% rule in Minnesota?
I'm just getting started in real estate investing, with the intent of renting out either single family homes, multi-family or townhomes. I know that one cannot go strictly by the 1% or 2% rule, and that more detaile...
Mark Hall
Successes in home automation for rental units?
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...
Alex Get
How do you deal with a Tenant Who Pays Rent Late?
What do you do if you were me? Please advice?
Even though I trained them that due date is due date, My tenant moved in May 2109,it’s a year lease contract with 1st
day of the month due, in June 4th, I got the firs...
Johann Jells
Can I safely deny a family with kids?
I have a family of 4 wanting to look at a 650 ft 3rd floor unit with two 7"x10" bedrooms. I think it's too small for 4 and I don't want to burden the 2nd floor tenant with the noise. Do I have a risk just telling them...
Arnie Guida
Do You Drive By Every Day?
I do.I can't help it. It's part keeping an eye on things, but it's also part pride. I feel so fortunate to be able to say, "I own that."I realize many here don't live as close to your buildings as I do, mine are all ...
Joel Duque-Estrada
Rules about Airbnb in Hawaii
So, I've got a single family house in Hawaii, on the island of Oahu. I'm moving back to the mainland in a few months and I'd really like to use it as a vacation rental on airbnb. I've seen a lot of airbnb listings i...
Dave Alexander
How hard is it to get + cashflow on owner occupied property (250k+)?
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
Lara N.
Long-term consequences of allowing a smoking tenant
Hello everyone,I own a one bedroom condo in a desirable neighborhood & I will be leasing my unit very soon. I already had an interested prospective tenant view the property & he's quite interested.He has a sol...
Mitch Turgeon
Should I use an agent?
After some inspiration from the Bigger Pockets Podcast, I convinced my wife we need to sell the home we love and capitalize on all the remodeling we have done over the past 9 years so we can start investing. One of m...