Hi all BP,I need some guidance. I have a tenant that has been great. They moved from my one rental to a larger one and agreed to the rent. Fast forward 5 yrs and I haven't raised their rent. I am now losing money ...
We've all heard the excuses:My grandma died and I had to fly to (name the state) for her funeralI had to go back to (name the state) for my best friend's weddingSomeone stole my identity and emptied my bank accountI'm...
Allow me to catch you up to speed before moving forward. My career path has been more crooked than a hunchback lawyer. I began like most; working odd jobs throughout high school. From grocery store cashier to pizza de...
The landlord-tenant world changed last night. The US Senate’s COVID-19 bill changed the landlord’s rights. That bill, passed last night, affects landlords that have federally insured (or “backed”) mortgage loans. T...
Duplex. 15 years old. 2BR/1.5BA units. 900 sq ft each. Area = C class.Rents: $500/unit for $1,000/month gross.TOTAL INCOME: $1,000/moExpenses: Taxes = $55/moInsurance = $75/moProp Mgmt = $100/moCap-Ex = $100/moOng...
Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
I was looking the other day at house prices in crumier Baltimore neighborhoods (no, not ALL of them are crummy, but many are). I see houses that are selling for about $40-50K that are appear fairly decent and seem...
Hi Everyone - Thanks for all your valuable discussion and willingness to share advice. Tapping into the wisdom and thinking of folks who have greater perspective/different perspective and experience is so very valuab...
Vendors are dropping off all types off goodies at my office. It's really nice.
Shouldn't savvy landlords do something for heir customers? Tenants?
Just can't help myself on this one. Article out of Chicago today and front page here in Ft Myers . Fl. You've probably noticed all the fat kids walking around these days. I know why!! Food stamps.
12% of kids in my...