Grant Francke
Long Term/Unhappy Tenants
Hello BP!We have owned a duplex for about 7 months, it had long term tenants (9 years), they are both in their 70's. From the first time we met them during the initial walkthrough, they were not happy, with just abou...
Julie Marquez
Tenant Turnover: Took Me 15 Days, How Long Does It Take You?
I just went through my first major tenant turnover on a 2000 sf house. It wasn't that bad, just cleaning and minor stuff and finding a new tenant. It took us 15 days total, and I documented the entire process here on ...
Tom Scott
Direct Mail Tire Kickers
My first direct mail campaign is now beginning its' second month. As expected, most of the calls that come in are folks that just want to know what I am up to. They throw out huge numbers for their properties and hope...
Joseph Weisenbloom
Tenant signed lease but wont pay deposit
Recently a perspective tenant found a loophole in my lease after it was signed. It states that the deposit will be "paid before move in" To this effect the tenant could pay the day before move in leaving me waiting we...
Colin Leach
How to go from deal #1 to deal #2
I finally took the plunge and purchased a buy and hold rental property in Oct 2017. Rehab went a little over budget. Rehab took a little longer than expected. Took a little longer to find a tenant because I believe I ...
Samantha Springs
Selling Investment Property to Pay Down Primary Mortgage
BP! Would love some thoughts and opinions from the community. Here's the sitch:I purchased a duplex in LA in 2020 with a sub-3% interest rate. I moved out of it and now operate it as a rental (one unit LTR, the other ...
Brandon Craig
Should I sue?
I invested 40k in a syndication 2.5 years ago. It was a 18 unit and a few triplexes. We were supposed to get our investment back at refi back in January (year 2)And then cash flow every month after that until they sol...
Account Closed
Rodents are eating my tenants' car wires
I have a 3 bedroom farmhouse that sits on a half acre between a cow pasture and a woods. I bought it at auction a year ago and now have my second tenant family living in it.The driveway is about 30 feet from a 4 acre ...
Lauren Johnson
STR in Smoky Mountains amenities
Hi,We are currently under contract on our first STR in the Smoky Mountains. We are trying to maximize space and offer the amenities that guests are looking for. The cabin currently has a game room with a pool table....
Ashly B.
Am I getting screwed?
We made an offer of $95k + seller to cover $3k in closing costs for a 4 plex on May 8. Seller accepted the next day. Realtor apparently forgot to put the closing costs in the offer and no one noticed until now when th...