Brice Hall
$30k house , $700/month in rent. What a great investment! NOT
Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers?
Mindy Jensen
Automatically Eliminating Criminal Records? Not so fast, says HUD
Criminal record? For years, landlords have been able to automatically disqualify any tenant with a criminal record - as they were not a protected class under Fair Housing Laws. Recent recommendations from HUD are call...
Jeff Schneider
25% flipping tax??? Not cool.
Let's not get into politics but since we're all like minded-ish investors, read this and let us know what do you think of forcing market changes, area changes, affordability, excessive taxing etc?https://theweek.com/s...
Jessica M.
Needy Tenant With Incessant Requests
Looking for advice from some experienced landlords!
In short, we have a tenant whose lease started July 1,2019. Since she moved in her requests and complaints have been incessant. From the initial walkthrough, leas...
Sam Abraham
Anyone having trouble finding good deals in this market?
Hello,So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because o...
Kyle Hipp
Applicants having a friend pretend to be their landlord for reference
I am currently listing a place for rent. I have this couple come over and explain to my wife prior and myself at the showing how their current place is bad and that the ceiling caved in twice. They go on with some oth...
Joe Pitrolo
Panic , Can't rent Townhome
I recently purchased a new home and renovated my 2 bed townhome in Morgantown WV, 5 minutes from the college. I added a 3rd bed and bath and the going rate is 1500 mo. This is close to the hospital and University. ...
Mehran K.
Previous Owner Not Vacating After Shortsale. Legal Options?
Situation: I've got this deal I'm working on where a shortsale was initiated by the current owner. The sales price ($37,000) was approved by the lender and we made an offer for $35,000 that was accepted. I got the...
Dean Attali
Dealing with a very expensive demanding new tenant - suggestions?
Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...