Jerry Sexton
Lease renewal or month to month
I have let my lease laps and was wondering if I should renew a lease or continue M to M? I have great tenants that don't plan to go anywhere for a while and are taking great care of the place but I am afraid of the Mo...
Jordan L.
What is your cash to mortage ratio?
Is there a general rule? Should you have enough to pay off the mortgages if you have too? Or enough to cover all properties if they remain empty for a certain period of time?
Desmond Fielding
New tenant wants everything fixed
Hello,I just got a new tenant into a SF rental. They were great during the phone screening/showing and the background/credit check all came back good. However, now that they're in the home they keep pointing out the s...
Malcolm Gordon
Pre-Payment Penalties - Why Is This Not Often Discussed?
Hello BP,I would like to touch on a subject which I have never come across in any of the books I've read nor often discussed in the BP forums; yet I believe its is a very real thing from my understanding and appears t...
JaNae Anderson
Help! Lender says DTI is too high.
Frustrated. My situation is a little complicated but i'll try to provide as much detailed information as possible. I'm looking to purchase a off the market duplex for $400k. Each unit can potentially rent for $1,600-$...
Bryan Hancock
Structuring "Bubbles" For Seller Financed Notes
I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...
Joshua Dorkin
News Corp to Acquire Move for $950 Million
After the Trulia / Zillow merger announcement of a few months back, this one is easily the second most significant in real estate this year.In push to diversify, News Corp. buying Move for $950 millionWhat implication...
Ben Elliott
One of the tenants put in jail
Hello everyone! Looking for advice from someone with landlording experience in Wisconsin...I FINALLY got my 1st 2 duplexes, each were 1/2 occupied with long term tenants. As my luck would have it, a month after clos...
Angie Menegay
Warranty Deed to LLC & Mortgage Interest
Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...
Connor Bell
What about Condo Flips?
Hello BP Community -There is a lot of talk on BP about single family home rehabs but I am curious to know if people have had success in the condo arena. Pros and cons? Strategies? etc.