M P.
Section 8 being forced upon us by Obama administration
Hello fellow BPers. I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum. I am mostly a passive investor, and so have not had a real...
Seth Williams
The Single Most Dangerous Pitfall for Real Estate Investors
What do you think is the SINGLE most dangerous pitfall for real estate investors (decisions, thoughts, habits, personality flaws, beliefs, behaviors, etc.)? What kinds of personal liabilities keep us from being succes...
Teri Pegnataro
Real Estate Investor Interview
Hi All,
I need your help, I am taking a Real Estate Class and have to interview a Real Estate Investor and if you have the time to answer these questions, I would greatly appreciate it.
Why did you become a real est...
Account Closed
Which tenants would you choose- pets, kids or single young men?
Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...
Louis Zameryka
Subject To Advice Needed
I found a home that I believe will be good for STR. It went under contract in about 3 days last month but now came back on the market.The asking is $349kIt was purchased 2 years ago (Oct 2020) buy the current seller a...
Tyler Jahnke
Tenants with PETS! What do I do??
Hey BP!I have a property on the market for rent that I've been anticipating getting $1,000 a month for. I now have a qualified tenant interested in signing a 2-year lease at $1,050 per month ($50 more per month than I...
Tracey Marzich
Problem Tenant
Hi BPer's help me out please. We closed on a property July 1. A 'nice' fella came through July 10th and "needed to move in right away, that day." I told him we have repairs lined up and if he'd be patient with me a...
Tracey Wittke
Rental Increase Dilemma
I bought a property last October in a small town in Northern MI. The property itself has 3 units on it. The owner/landlord that I bought the property from was renting them out way below market value with no security ...
Blair Murphy
What are the pitfalls of cash-out refinancing a property?
Hi,I have a noob refinance question. I bought my first property (4-plex) 3 years ago in California and my plan has been to play the long game and try to cash-out refinance every 2 or so years to put towards another li...
Matt Rutter
Rental Showings + Coronavirus
Thought I would post this one the forum to see what the general opinion is.
We have a tenant whose lease is up at the end of April and we will not be renewing.
We've had a few renters interested in the apartment who...