Chris Utter
I have a problem I need advise on
Looking at this now, I should have posted this a while ago... Two months ago a situation came up for one of my rentals. Two of my tenants were arrested, sent to jail, and will not be returning anytime soon. The one te...
Charles Mitchell
Starting Turnkey venture, need tips!
Good morning BP!I'm in search of some tips trick or just general advice from people with turnkey experience (whether it be from a provider or consumer). Let me lay the foundation before I go any further.I'll be operat...
Bill B.
To landlord, or not to landlord, that is the question......
Whether tis nobler to fix and flip to outrageous fortune, or to landlord and wade into the sea of trouble.....
....my apologies to the bard........
I've seen so many references to "burned out land...
Samuel J Claeson
How long of a time frame does a landlord have to remove ice/snow?
Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...
Andrew Marzec
Tenant want to break lease due to “serious medical issues”
Hi All- I am looking for some advice on a tenant issue I encountered this weekend. A little background first. I own 4 rental properties in a college town and rent to the students who attend the University. I have yet ...
Mark S.
Two 4-Plexes
I'm currently analyzing the two 4-plexes below. Even if they both check out, I will buy one or the other, not both.
FOUR-PLEX #1 - $125,000
All heating units less than 7 yrs old. Roof replaced 5 yrs ago.
...
Todd Kruger
I just purchased a 52 Unit complex-is this a good idea?
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
Account Closed
Late payers, regulars, slow rolling every month
Earlier this year we took management of our properties back, so we are now self owned and operated. We have found that many tenants do not take the late fees or notices seriously, many want a payment arrangement each ...
Rob J.
A squatter has taken residence in my rental property
Looking for feedback. I have a lease with a renter who moved on January 19th. After moving him out, his mother moved in and changed the locks. The police were called to remove her as trespasser, but the officers wo...
Cody Brown
Dave Ramsey Investment Approach
Hey, guys!So I was wondering if any of you follow Dave Ramsey and what you think about his advice on buying real estate? For those of you who don't know, Dave Ramsey suggests a zero debt, 100% down policy for practica...