Lev Bass
Ok to ask tenants to pay part of new washer's cost?
The washer needs to be replaced. It's a front loader. Tenants prefer another front loader, which would be about $500. Top loaders cost about $300. Is it ok to ask tenants to pay half of the difference if they have a s...
Jayson Trierweiler
Please critique my Vacancy Allowance formula
Essentially is as follows:New Lease Fee (one month’s rent) + Expected Missed Rent + “Refresh” Cash(Refresh Cash = the amount out of pocket to prepare the property for new tenants, after tenant deposit is spent)It look...
Account Closed
Re write a lease agreement or not
Good Afternoon all, I am actually renting my property to a couple they are separating but they both signed a one year lease agreement (7months left). They would like to resign the lease to take his name out. Any sugge...
Christian Esparza
Flipping Homes for Beginners
Good Morning Everyone,
I am interested in flipping home and would like to know if anyone has any tips regarding what I can do to make this possible. I am attempting to do this with the minimum capital required. I h...
Robert Del Rosario
Need some help buying 4 plex please, thank you!
Hello, I'd first like to thank everyone for their support again, thank you! I'm looking for a little more guidance in my purchase just to make sure I'm on the right track. I have a 4 plex under contract for $140k ri...
Scott Donahue
BRRRR Property Comes with a Boat!
Hello BP Community!I recently purchased my first BRRRR property at a Sheriff's sale! Directly after purchasing I drove to the property and notified the former owner of the sale (being sensitive to their personal situa...
Julie Verardi
Price quote for Downtown Jersey City
I have a 2 Bedroom condo in Downtown Jersey City. I would love to get a sense of what people think I could rent this for. I have a number in mind but thought I would put it out to other investors/ real estate agents....
Tony Otis
Multiple interested tenants
I'm looking for advice on the best way to proceed when multiple tenants are interested. My rental is in Minneapolis, MN. If I have a lot of people interested, could I ask the interested parties if they're willing to...
Ryan Smallegan
Multi-Unit House Deal?
Hello All,
I am new to multi-unit rentals. I have done single family homes but I know that with more tenants come more trouble. The deal I am currently looking at is as follows:
9 Unit House with rental income total...
Craig Stephens
Could you review and let me know your thoughts?
Hi, I'm renting my 2nd property after starting in February to invest in real estate. The first property was rental ready and only had a about $800 worth of cleaning and cleanup needed to put it on the market. It re...