John Lamb
Tenants pet died - reduce the rent?
One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
Michael K.
Bi-Weekly Rent Payments
Hey everybody, I just had a crazy thought and I was wondering if anyone has tried it. That is, since most people get paid on a bi-weekly basis, has anyone ever tried offering rent payments being due on the sa...
Benjamin Stacey
STR vs LTR vs Cutting Lose HELP NEEDED
My wife and I recently moved to Lynchburg, VA for work and will be living here for approximately a year and a half. Our work is expected to be completed by early 2026, after which we plan to move back to our hometown....
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Steven Antonellis
BRRRR A Condominium - First Time
2018-03-17 - Good Morning BP Community - looking at first investment - BRRRR a Condominium - anything special about this type of real estate? - have used BRRRR analysis tool - asking myself if numbers indicate Go or N...
Blair Colsey
Having your credit run
Hi All,Perhaps a silly question for the group but I wanted to get everyone's take on the impact of having your credit run. Obviously a big part of investing is working with different lenders and each one needs to run ...
Joshua Smith
203K 4 unit => Condo Conversion in Washington DC
Hi all - I am about to close on a 4 unit in Washington DC. The ARV of this building will be ~$1M; however, if I convert the units to condos, each condo would be worth about $315K ($1.26M). Would be great to get that $...
Justin Thorpe
Defeated in round 1 of Covid-19
June is over and it seems to me that in the battle royals between the United States and Covid-19, the latter has prevailed in this first round. To me this phase and especially the last 3 weeks were critical. Coming o...
Christian Angel
Looking for advice on how to finance to mortgages
I currently own a home with my wife in Orlando, Fl. It’s our first property financed through FHA under her name. We are looking to upgrade and buy a second home as our primary residence and convert the first home into...
Shawn Merrihew
Short time frame for purchase
I came across a great opportunity. A property with 6 apartments upstairs bringing in a decent amount each month and 4 store fronts on the main floor. Many more details; but my actual question is the current owner is a...