Greetings,
I am a new member to this site, but I have been perusing the forums for quite some time. I appreciate all the knowledge you guys have contributed to these forums. I have very little background in r...
Hello BP.I have a question. I've searched the forums and google and did not find the answer. I'm hoping someone can help.We require tenants to prepay the last month's rent when they move in. When providing tenants ...
Right now, in my market, it really seems to be a toss up for me.... what say you?
Hi everyone. We just purchased a value add 6-unit in North Hollywood (CA). It is a rent control property. Currently the rents are way below the market rent and the existing tenants don't want to leave at all. We have ...
About a week ago I listed my duplex for rent available immediately. The only inquires I've had are from college students wanting to rent it next May/June. I'm in a college area and my goal is to do a short-term lease ...
Hi there. I just wanted to get some feedback before I email the tenant about the rent being late. It is the first time that my tenant is late for her rent. Rent is due on the first and I have a 5-day grace period so t...
Hey BP,
Just had a thought as I was reading through several appraisals that I found online.
When underwriting a property I've been taught by @Michael Blank to apply rules of thumb for expenses to the T12 income an...
Good afternoon,Is anyone currently doing rent to own? I've got a question on the difference between what you pay the seller in rent and what you collect from the tenant buyer. I inquired with another investor in the a...
It is my understanding that FHA will only allow rent credits above market rents. We have companies offering 50-100% rent credits how can that be done legitimately?
Hello all. I currently own my home, and have accepted a new job out of state and will be moving in 3 weeks.
The house will need a small amount of work before being move-in-ready: some patch-up work after a kitchen r...