Ash S.
Non compliant, rude and arrogant tenant
At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...
Tracy D.
Cash for keys- rewarding bad behavior
I am really only writing this because more and more frequently I have seen this come up. And it practically grinds a nail in my nerves to reward tenants for bad behavior by offering them cash to leave. It undermines l...
William Allen
How to Buy Houses Your Competition Can’t (Hint: Escrow Holdbacks)
I want to give you one of my hacks that will help you beat out the competition and close on a deal sometimes for even less than your competition.
There is a section you can add to a contract called Escrow holdback. ...
John Nisewonger
Evicting tenants in an auction bought property
So I am buying this property through an auction. I have not closed on the property yet. The property that I am purchasing has a month to month tenant in it that I plan on evicting as I will be living in this propert...
Michael Temple
Rental Market is Untested in a Recession
I came across this article this morning in the Wall Street Journal. Hopefully, everyone can get to it without hitting the paywall. https://www.wsj.com/articles/t...Just in case you do hit the paywall, I will do a quic...
Zach Watson
Mold, health inspector, COVID, and eviction?
A few weeks ago a supply pipe had broken in the unit. The water was shut off and the leak was repaired immediately. There is now a hole in the ceiling from cutting through the drywall/plaster. I have found a contracto...
Zachary Thompson
Is gross profit or net profit considered for taxes?
I'll be as short and to the point as possible. I'm purchasing a property subject to the existing mortgage. To do so I'm using a business line of credit to pay for everything from start to finish. For sake of simplicit...
Cory Melious
Lease breaking tenant now wants to stay
Hello everyone;Im in a pickle and would love some insight into how to handle it. I have a tenant who’s lease is up at the beginning of January. This particular property has forced air heat and the tenant is responsibl...
Matt Parker
New OR house hacker questions
Hey BP family,I found a duplex off market that I intend to house hack with my VA loan. The seller is an older guy and wants to retire from real estate. He’s had the same tenants in place for almost a decade and their ...
Autumn G.
should I be concerned with extra people at my property?
I am a first time landlord, and my first tenants just moved in. They had excellent references, rental history, credit scores and income.
I drive past the property on my way to drop my son off at school in the mornin...