Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
Wayne Tam
Top rental markets are also the most dangerous cities?
Just came across this list of most dangerous cities in America: Forbes 10 Most Dangerous US Cities and to my surprise many of the top rental markets spoke of by the other members are on the list! Detroit, St Louis, M...
Vlad B.
Bad Landlord Year how to Stop the Pain
Hi BP Community,I have 2, 4 units total Duplexes that I purchased in the last 2 years that were money makers last year. Everything was going well before 2022 hit and tenant turnover happened. Unit 1 turn: renter went ...
James R. Copeland
Craziest Tenant Experience?
So I have to share mine, because it just happened this week. We went back and forth with the tenant in our rental home but finally convinced them to move out without having to go the eviction route. When they did fina...
Joshua Hollandsworth
Rehab Costs on a 10k house
I see more and more investors buying 10k SFR's in low-income areas. They put 5k-7k into rehabbing the house, and renting it to Section 8 for a nice, consistent ROI. I personally know 3 people who do this. They actuall...
Matthew Wright
Therapy/emotional support dog
Anybody have experience with tenant proposing they get a dog for "medical" reasons? She knows there's a no dog policy and has been in the building a while. I do not allow dogs, and this dog she's proposing will not be...
Jason Yuan
Section 8 ask me to pay back 5 year rent for $44,000
5 years ago, i advertised my house for rent for $780. a lady said she has a section vouch for $760, but she can pay the difference of $20 from her pocket. so we signed the lease for $780, but she changed the amount to...
Alice C.
I am a private money lender. Borrower keeps filing bankruptcy
Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
Kimberly H.
Declining your first applicant (tenant)~ Whew!
Whew! It took me 2 days to send the email. It felt like I was making a family homeless. I need to grow a set for this business. I'm usually a tough cookie, but this real estate landlord business is not for the sof...
Christopher Cadenhead
Property management issues
Hi I’m having a problem with my current property manager does anybody know what the consequences of firing current PM before contract is up?