Hernan B.
First Timer: Security Deposit, Rent in Cash, and more
I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
Paul Sanchez
BRRRR Method Using HELOC with Rising Interest Rates
Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...
Walt Payne
Subject to - am I paranoid, or ....?
Every time I read about the strategy of assuming a non-assumable mortgage alarms go off in my head. I have read the whole philosophy that banks would rather have a paying customer than foreclose. And this little vo...
Jon S.
Tenant From Hell Left But Didn't Leave Keys
A Florida tenant has been one of those nightmare tenants. I acquired the unit with them in it, but I asked them to move right away, and they asked if they could stay one more month, this went on for 8 months. I needed...
Rick Bassett
Any luck collecting from former tenants?
I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...
Roselyn Williams
Airbnb Rentals front door locks
Hi great investors, which are the best locks for Airbnb properties?
Yolanda W Cuevas
Should you always choose cashflow?
I'm in the process of turning over my property and have my top 3 applicants whom all meet the qualifications. My number 1 applicant is a couple with caged rats as pets. My number 2 is a couple with 2 large dogs (over ...
David B.
Dumb mistake - Dealing with utilities
Hi All, looking for a little advice.I started renting my house a little over a year ago. Everything went fine and they moved out when their lease was up, (well 15 days early but... they had paid for the month, eventu...
Bobby Narinov
Preventing tenants from damaging my video recording cameras
I had some break-ins in my apartment complex so I installed 8 cameras around the apartment complex. None of the tenants objected before the video equipment was installed.But after the installation one of them didn't l...
Account Closed
Renters want to move out due to Rat infestation.
I have a young couple that has been in my home since last December, every quarter I do an inspection on the home to make sure everything is working etc. The first two inspections went well and the home was very clean....