Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
Vanessa Ryder
Probate / Legal Issue?? / Multiple claims to ownership..
SO I am negotiations on this property. Listed for sale by the Trustee or the Estate of the owner (who passed). Now my RE agent told me that the aunt/ caretaker of the owner (who was living in the house), which is also...
Christine Sommer
Rentals during the past recession?
We were curious if anyone was a landlord during the 2008 market crash and wanted to hear what impact it had on their rental properties (vacancy rates, rental rates, etc.)
We know that this could potentially be a grea...
Jonathan Scialpi
How will Covid-19 affect the market?
I am an investor who focuses on multi-family residential properties in Grand Rapids, MI. I am considering to move forward with another investment in Detroit, Grand Rapids, or even North Carolina (open to suggestions w...
J. Martin
Mistakes, Challenges, and Obstacles Overcome: It Ain’t All Peaches & Cream & Paychecks
While I was able to amass a good chunk of real estate over the last crisis and had some great successes from connections and learning on BP, I also had lots of challenges along the way! Not all peaches & cream &am...
Bonnie Johnson
Asking a Tenant to leave before lease expires.
Hi, We currently have a renter who just signed a new lease for a year (Nov. 30th). She has been with us for the last year and a half with no issues. in California.The property has a home, and two apartments. We use ...
Palmer Wilkins
Tenant arguments may escalate to violence
I bought a short sale multifamily building last winter and have been taking care of the deferred maintenance and increasing the occupancy with new tenants appropriately screened by my property manager. All was going ...
Sean Dezoysa
Having to walk away from a bad "subject to" deal
I've read that the worst case scenario in a "subject to" deal gone awry is the seller & tenant sue you. But I'm not sure what they'd be suing for and what the potential liability is.
Has anyone seen or experience...
James Letchford
Under Contract on Contanimated Property
In September 2017, I went under contract for a property in Southern New Jersey for $94,500. It needed $65K to give it an ARV of $200K. During my inspection period, we noticed signs of an oil spill around the tank outs...
Onita LaFebre
Im being bullied
What are the landlords responsibility when there is a bully. I live in a 3 apartment building and I am constantly being yelled at and called names by a woman who lives in one of the apartments. Last week she pushed ...