John Lampertius
Tenant changes dead-bolt lock...
Hello All,I have a current tenant who changed the dead-bolt lock without my permission. I found this out last weekend when cleaning out an extra storage area in the (condo) basement.I am planning to sell the place an...
Tyreek King-El
Stashing away for Vacancy. Does it actually matter?
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
Rob Kulp
Permit questions
I've spent a good (bad) part of this evening reading about the nightmares that can result from not pulling permits, crazy inspectors, pulling permits and opening a can of worms etc...My question is...how long to do yo...
Joy G.
Who moves furniture for repairs?
We are installing two new windows and a new laundry room door tomorrow. I told my tenant to make sure the area is cleared for them to do their work and that all fragile items have been moved. When doing repairs in a r...
Callie Edward Muckelroy
Basement Laundry Room Access
Not long ago, we added two sets of laundry hookups in a walk-in basement of a 4-plex, which previously did not have any laundry facilities at all. (See my post from several months back). That project is done. The prop...
John Zackery
I screwed up already
So I bought this house and I think I may have screwed myself. I am going to have to thread a needle to get my profits. I will do it no matter what it takes. Guidance through the forrest would be really nice. If I turn...
Dan Osterman
Owner financed 4-plex, to good to be true?
Details:
North Carolina
120,000 FSBO
4-plex 600sq st each 1br/ba. close to downtown living. solid brick building, new water pump, has washer/dryer on location, no major upgrades needed. all 4 units occupied and r...
Scott Preckwinkle
New to BP and beginning phases of become a real estate investor
Hello BP Community,I'm not exactly new to BP but haven't been very involved in the past. I recently upgraded to being a Pro Member because my wife and I have finally made the decision and commitment to becoming real e...
Anthony Drew Gary
How are you guys incentivizing your renters? Are you at all?
Hello BP Nation!I've taught Dave Ramsey's Financial Peace University through my church and I thought maybe it's worthwhile to offer to send my renting families through the class? If they latch on to Dave's principles...
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Sec. 8 Vouchers ?
Hi everyone,
Is it worth it to rent your property to a sec. 8 tenant ? What are some of the benefits of this program ? I'm assuming you get fair market value for your rental units ? How does the inspection process wo...