So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...
so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
Hi all-I have a rental in New Jersey which I've rented out steady for 3 years now to the same family. We actually hadn't intended to rent it out, but we had to move quickly and it was faster than selling it. We have...
Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?
Just closed on a Duplex in Cleveland Ohio. When setting up insurance with a broker the company with the best rates does no allow for pitbulls. Well my tenant has a pit and two chihuahuas. He is on month to month payin...
I bought a 40 acre farm property 3 minutes from town last July for $367k. I have put $275k into improvements.
I’ve had several brokers out last week and all of them have given me comp reports in the $1.2m to $1.3m r...