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To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
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hello BP community. This property has been brought to my attention and I am a little confused on how its going to work out. There is a lon of 135k on this property and they want me to bring 12k to the closing table. T...
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Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
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I have been analyzing a lot of potential rental properties in my area (Pheonix Metropolitan primarily Queen Creek, Gilbert, and Mesa) recently. Most of the properties won't even break even unless the seller drops thei...
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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...
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It seems I am running in to quite a few unethical Realtors. Wondering if its everywhere, or just here in Maryland? (Carroll County)I could go on for days, but the scenario that happened this morning has got me fumin...
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I'm looking around online for a place to buy bulk envelopes. Specifically, postcard size envelopes, maybe even in light pastel colors.
I'm curious where you guys get yours if you're getting them in the bulk(1000+) f...
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Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...
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Today I close on my first property. Yay! A two family here in Massachusetts. Tenants are paying way below market rent. How do I go about increasing rent if is already the end of the month? They don’t have a lease in p...
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I'm just wondering what types of housing the various investors choose on these forums. I would assume that most of you own your own home or are tenants in some of your rental properties, but who knows?
My question i...