I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
Hello, everyone I am a new landlord and encountering my first issue. Soon I'll be moving out of the first house I purchased and I'm converting it to a rental property. I signed a lease with a tenant and they will mo...
Hi All,I just got some great advice by a fellow Bigger Pockets and RE leader. Why divest out of good cashflow property- owned outright when I can create a win-win with another investor? I got it! So now it is just a ...
Hello BP members!I am new to REI and joined BP several months ago. We live inTurlock, CA and are looking for buy and hold multi family opportunities for cash flow. Although not opposed to SFH (just want to scale faste...
New student renters graduating next year will pay upfront x13 mos' rent and water bill ($75.00/ mo). ( they will pay all utilities). Will reimburse water fee if they overpaid at lease' end. Anything else we need to be...
Hi guysI am planning to buy my first property soon. I am thinking a duplex. Maybe with tenants already in place. I am feeling overwhelmed and have many questions. But at this point I am going to reduce it to 2 questio...
Hello BP folks! I'd like advice as to what my top priority should be in the next 7 days with this problem. I'm an OOS investor with a rental SFR in Indiana. 1) The property manager did an inspection at my request Apr...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
Hello guys,I am curious if anyone else has had this experience: I have a property (SFR, 3bd/2bth, 1300sf, recently remodeled) in the Sunol neighborhood of San Jose which rents for about $3,800 per month. Now, if I tak...