Nichola Dotson
Inheriting Tenants Screening for Lease Renewal
Hi!My name is Nichola and me and my husband are closing on our first 4-Plex in Michigan today that currently has 3 tenants that we are inheriting and we will be moving into the open unit later this month. All the tena...
Melinda O'Brien
Tenant Property Destruction in Lakewood, CO
Hi, I had a tenant who recently moved out at the end of their lease and upon final walk through, we discovered that the townhouse has been completely destroyed beyond what the security deposit will cover. They were th...
Alex Hostetler
VA House Hacking Advice
My wife and I are looking into house hacking a multi-family to save more aggressively for future purchases.PITI- $2300Rent Income- $3300Units all rent for $825Does it make sense to do a 0% down 4-plex that doesn't cas...
Chandler Smith
FHA loan refinance to conventional
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...
Baha Acuner
How to deal with a disabled tenant
Hello BPers, I have a tenant who has been month to month for 2 years now. About a year ago she got involved in a car accident and her leg had to be amputated. Before you think I am a heartless money hungry landlord, p...
Vinay H.
Are rents going down in major areas?
I read that rents are down at least 3% in the hot markets of SF, NYC and Boston? Any landlord in these areas care to comment? If so, how does that affect the decisions to buy rental properties in these metros as the t...
Mark Presses
Home owner transitioning to investor
Hello to anyone who reads this, my name is Mark and I currently reside in the home I bought a year ago without thinking of investing in real estate. Originally, this was simply just to get out of the rental scene and...
Nathan Gesner
Keep Portland weird...and insane.
Oregon and a few other areas have limitations on rent increases (see Oregon Law). If a Landlord wants to increase rents to keep up with the market, Oregon forces him to pay moving expenses for the tenants.Here's a sto...
Georgui Kasaev
Stuck in the past no more!
Investment Info:
Single-family residence fix & flip investment in Athens.
Purchase price: $97,500
Cash invested: $50,000
Sale price: $220,000
This was a beautiful home with great bones and in...
Georgui Kasaev
Stuck in the past no more!
Investment Info:
Single-family residence fix & flip investment in Athens.
Purchase price: $97,500
Cash invested: $50,000
Sale price: $220,000
This was a beautiful home with great bones in nee...