Andrew Kim
Cash for keys and possible eviction in Atlanta, GA
I own my house, and have two tenants in it. One tenant is a major problem. Late rent and utilities, smokes a lot of marijuana in his room, loud when we're sleeping, and the list goes on. I gave him his 45 days notic...
Jon Dang
Closing soon should I be worried? Vacancy? What to look out for?
Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
Jeff G.
Qualifying a buyer for owner financing
Hi all. 2 partners and I are trying to sell a SFR via owner financing, and we could use some guidance on what we should / can / can't do regarding qualifying a buyer. Credit check? Current employment? Employment histo...
Jeremy Porter
Navigating Financial Challenges with Empathy and Solutions in Property Management
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Jeremy Porter
Managing Additional Expenses: A Property Manager's Guide
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Christian Thompson
Roll1031 Rental into my Former Primary Residence that I now rent?
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
Tom R.
Would you rent to someone with a past eviction?
Ive got a prospective tenant with an old past eviction. My original rule was no evictions but I know people change. Just 5 years ago I wouldn't have considered myself rentable. And she is willing to have a cosigner on...
Rodney Ford
Banks Asking For Down Payment
Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.
Thanks,
Daniel Dawson
First eviction
Hi all, I have a question regarding my first eviction in Kansas. Tenant is 25 days late on rent now. I received a bounced check last week and was informed the tenant is in an inpatient rehab. I did however already se...
Hares Najand
Concerns with Property Management in Chicago Area
Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...