Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Gerald K.
How do you handle dirty tenants?
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
Wes Blackwell
The Future of Phoenix Short Term Rentals (AirBnb)
At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
Rubin Thomas
should I rent to a family with 4 dogs?
so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
Mary Jay
A tenant threatens to sue if I do return her security deposit
HI guys,I have an out of state property that Ive been renting out for one year.I asked the tenant to move out, when she moved out, there was lots of trash, some weird stuff on the walls, broke cabinets, smell of marij...
Rick Bassett
Worst tenant ever - I missed a giant RED FLAG
If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
Allen Ellis
My house isn't selling, how far should I go to improve it?
Hi all, I'll try to be brief.My house has been on the market for 5 months with no offers, even with 2 open houses and extensive marketing. It's large, is a 1920's historic home in a very high-demand area, and feedback...
Elizabeth Schellhammer
THREATENED YET AGAIN WITH A LAWSUIT
Hello BP Community,HOW DO WE DEAL WITH THE TENANTS THAT MAKE US CRAZY?!??!?!?!!? I have been filled with anxiety for the past three days and it is emotionally exhausting. My husband and I accepted a retired couple to...
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...
Aaron Wyssmann
Do you get pissed about no-shows for property viewings then use this tip.
When I got my first couple rental homes I set up a time to meet them over at the property. Not only did it take so much time but I would get so pissed when I had no shows. I could even call them while I was at the p...