In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...
Hi BPer's help me out please. We closed on a property July 1. A 'nice' fella came through July 10th and "needed to move in right away, that day." I told him we have repairs lined up and if he'd be patient with me a...
I guess We are on the verge of a pandemic. stocks have already lost a considerable amount of value due to this virus. Thankfully I was able to sale majority of my positions a couple days ago to prevent any further l...
An applicant contacted me on marketplace and asked me "So use discrimate against ex ex felons". They asked to come see the place and I said, as long as you meet the requirements we can move forward. They then proceede...
I’m going through a turnover on my SFH in Denver. The house will be rent ready in 2 weeks and so far the best application I’ve received is from a “independent contractor” working for a high end strip club. Everything ...
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
I am finishing up doing a rehab on a 6 unit building on the southside of Chicago, now I am ready for my next building (again looking for 6 to 12 units). To my surprise, prices have gone up on properties (I thought th...
I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k. I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems. I am not cashflowing, but obviously trying to pay...
Aloha everyone. Newbie here. I'm looking to make my first purchase also. Not so sure which way to go, househack or turn-key. Next year in 2018 Ill be able to leave DC area and take my job with me where I can go house...