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backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...
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My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
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I have been renting my house out to an older couple for 2 years. They moved out June 1st and let their daughter in law take over the lease. she signed a year lease and she told me on June 28th that she had to move Jul...
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What do I do? I have a new tenant that presented herself as "just getting out of a serious relationship", single mom. The day after she signed the lease a guy started showing up pretty consistently. Now only two weeks...
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I'd like to get some input on reasonable vs unreasonable fees for property management.
I think most people think that the % of rent is the key fee. I disagree.
I interviewed a property manager a while back who hea...
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I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...
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Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
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I’m trying to BRRR. This is my first time investing in real estate which is not my own home. We have two days to purchase a contract from the wholesaler so I have to make a decision.
The deal:
The negotiated price:...
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Quick question: I received a call yesterday from my tenants father. He said his son just was sentenced to 5 years in prison and he’s coming this week to move his furniture and items out of the rental home I own. He so...
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We've all heard the excuses:My grandma died and I had to fly to (name the state) for her funeralI had to go back to (name the state) for my best friend's weddingSomeone stole my identity and emptied my bank accountI'm...