Michael Young
Motivated Flipper in Boulder County
Hello BP Community. My name is Michael Young and I have become the most motivated human being in the last three weeks. What happened three weeks ago? I discovered real estate investing! It has kept me up at nights and...
Lisa Smith
CHA investment rental, and issues with tenant withholding rent
We purchased a two flat investment building in Chicago, Cook County. Both are section 8 rentals.I’m having a lot of trouble with a tenant, withholding rent, and giving 30 day notice (which would work out as 2 and a h...
Robert Steele
Older rental close to city center or new construction on outskirts?
This year I sold an older SFH rental (built 1979) I had with no deferred maintenance in Plano TX in order to 1031 exchange it for a similar sized new SFH rental in Melissa TX (built 2021). All cash buy. The older prop...
Casey Randall Lenz
Building my first small self storage...Is this stupid?
I'll try to keep this short, but it's a lot to explain. So I have 10 acres with my house in the country in Texas. Appraised at 83,000 two weeks ago. I owe 37,000. I can pull out around 25,000 in equity on a refi. We ...
Brock Bonnicksen
Tenant clogged sewer 3x in 3 months
I have an issue with a tenant repetitively clogging the sewer, and requiring a plumber to unclog each time. The first two times I hired the plumber and covered the costs. The plumber believes it is an issue with use -...
Vitaliy Merkulov
Landlord reference is nice to have or a deal breaker?
How important is a landlord reference to you when screening tenants? How much do you value it compared to a credit report, income verification, background check?Have you found landlord references to be very helpful fo...
Tyler Jahnke
Tenants with PETS! What do I do??
Hey BP!I have a property on the market for rent that I've been anticipating getting $1,000 a month for. I now have a qualified tenant interested in signing a 2-year lease at $1,050 per month ($50 more per month than I...
David Taylor
What happens if regulations change in your market?
As my wife and I research options for our first short-term vacation rental property, we are looking very closely into local regulations in each of the markets/destinations we are interested in. What happens if you hav...
Lois Ginter
Sheriff is Showing up Next Week - Should I Tell Tenant?
Hi All,I won my eviction case today ! The tenant showed up to the hearing, and the judge is giving her seven days. I went to the Sheriff's office today and they will be showing up on 2-22 to make sure she has vacated...
Don Chambers
direct mail - response rate too high
I just started a direct mail campaign. I sent out 1,109 postcards in 2 batches. The first 600 hit today. I expected about 3 calls - 1/2%. I have gotten 23 calls - almost 4% and I could not get to all the calls. I...