Amanda Sokol
Would you pay a premium for the house next door?
I own a 4 unit property on a quiet, dead end street. I have the chance to purchase the already rehabbed home next door for $368,000. It is a duplex purchased in 2017 for $340,000. The owner bought the house so her mot...
Account Closed
Are investors keeping prices down?
We all stress when we flip properties to buy as low as possible, do the work right, and then price 10% (or whatever your prefer) under the competition on the market. If investors continue to do this, we will be under...
Jack B.
Tenant has unauthorized pets, but already moving out
TL;DR: do I charge them the non refundable pet fee of $400 in their final months rent or take it out of their deposit when they leave? They've been a problem tenant as of late...They rented from me for 3 years (yep, I...
Willie Marte
Rented to Previous Owner
Hello Everyone,First post here on BP forum, been a fan for a while. I bought my first Multi-Family property a month ago. The previous owner needed a place to stay for approximately 3 months. Since he slashed 29k off t...
Todd Williams
Tenant left without 21d notice and stole on video, wants deposit
Fun post #2, the covid train never sleeps. I didn't want to overload a single topic so here's the other part.Really, this has to do about civil vs criminal and moving forward. Also had some questions regarding moving ...
Quang Nguyen
First Rental Property Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $490,000
Cash invested: $110,000
Duplex inside of City of Decatur, great schools nearby in a high cost of ...
Jesse Smith
Raising Rent on Long-Term Inherited Tenant?
I am considering offering on a duplex on the same block as one I currently own. The two properties are nearly identical... 2/1 on one side and 1/1 on the other.My units rent for $1,100 and $900, respectively. The ren...
Gigi Smith
Tenant wants security deposit back after 2 months
Hi everyone,
A few months ago I finally got a problem tenant out (lease expired) and I sent a list of itemized deductions from her security deposit and a check to the address she texted me. It got really nasty after ...
Lucas Allmon
When does a tenant establish rights in Los Angeles?
I’m possibly buying a house where the one owner might stay on as a tenant one of the units. I want to offer first right of refusal on a lease, but I also want to make sure that they would not be able to establish resi...
Phillip Gonzales
CASH VS LOAN
Hello so I have been looking at properties from the 50k price range and lower. Some of these are nice town homes or condos heck even a few SFR. I was wondering from a different perspective if it is worth taking a loan...