Nathan Waters
Raising rents on Section 8 tenants in Illinois
I have a section 8 tenant that is due for lease renewal in 5 months. I would like to keep raising rents each year to keep up with inflation but this is my first section 8 tenant. Anyone have experience on the process?...
Shiva Pradeep
Sell or hold this house? 5 year no-tax window + reduced ROE
Here are some details of the property (town home) I ownTimeline:Bought: Oct 2013Lived in it (Primary Home): March 2018 (4.5 years)Rented it: March 2018 to Current Some numbers:Original purchase price: $200,000Original...
Tim Swedberg
What Motivates You To Be An Investor?
Hey all! I have been a lurker for quite some time have personal question.
My question is simple - what motivates you? Why do you do the investing thing, and how do you push through the really cruddy seasons of it?
I...
Adam Powell
Should I pull more cash out of our primary residence?
I’ve been a member of the group for two years now and got greatly side tracked for a while. I’m back and my goal is to acquire another rental property by The end of March 2019. I’m re-educating myself and searching fo...
James Herbert
Rent Increases for an inherited tenant
We purchased a bundle of foreclosures from the bank. We inherited tenants and the current rents are month to month and have not been raised in years. (8-10 years) some Tenant’s have leases to prove some don’t, the sto...
Shawn Bowen
Fourplex tenant wants to change units
Hello BP community! I am a relatively new investor. One of my tenant's just vacated their upstairs unit in my fourplex. The tenant downstairs asked about moving to the upstairs unit that was just vacated. Both units n...
John Stone
Using rentals to replace income of stay at home parent
Hey everyone, I am planning to rent out the house that I am in starting next fall (i know bad time, i try a lease thst ends in the summer and then switch to a year term) our goal is to get enough rental income to part...
Kristen Ray
tenant occupied rental please help
Hello BP!I am looking for some advice. I have come across a deal where I can purchase single family property in a C class neighborhood with an infinite COC return once I refinance. The property is in great condition (...
James Ewing
Strategy game: you have $250,000 cash, GO!
Hello all,
Happy and prosperous new year to all! Need your help on a
strategy game I am playing with myself and our situation: suppose you have USD 250,000
cash you want to invest, what do you do:
1. Buy a propert...
Bob Houston
First deal..pay cash or finance?
Made our first deal on a buy and hold. Is it better to pay cash or finance personally or pay cash or finance through our business?