Maria Marrero
Renting to brother. Now having issues
So I have an interesting question: I have a SFH that I’m renting to my brother and his family. He was so excited when I evicted my last tenants a little over a year ago bc he really likes this house and wanted to liv...
Wendell De Guzman
The Biggest Rehab Project of My Career - Should I Do This?
Yesterday I won a BID on an auction on a house in Lagrange IL.The Good:ARV - $1,000,000Acquisition Price: $380,000Repairs: $200,000Profit Potential: HUGE - about $300,000 profit even if you assume 12 months holding c...
Joe G Rampy
Newbie in Montana
Trying to learn as much as possible. Refining plans before implementing them.Most important question: How does one use the "@username" tag to respond / address someone in the forums?Thanks
Andrew Hardin
Tenant requesting 5 year lease. How should I structure rent?
My tenant is requesting a 5 year lease. I was originally going to increase rent by 3% per year. Because they want to sign for 5 years, which will reduce vacancy costs, I should probably reduce the annual rent increas...
Luka Milicevic
Rent is almost late...
Hi BP nation.
I only have 1 property and I am relatively new to landlording. My tenants have sent checks on time every month. Usually arriving no later than the 28th each month.
It's the 2nd and the mail man just ca...
Anil Villamkandathil
Section 8 - Inspection Failure and Rent Loss.
As discussed in one of my Previous post, I accidentally turned to be a LandLord of a property which has section 8 tenants while I was looking for a house for me to buy ( Got greedy with numbers I guess). I brought thi...
Jennifer S.
Discouraged
Hello,Within the last few weeks, I've found the drive to put my desire to create passive income in front of my fear of moving forward to become a real estate investor. I've gotten LOADS of great advice and suggestions...
Nat C.
Poor relations with tenants
With all of my properties, I would rate my relations with my tenants as an A to A+ with regard to our correspondence, courtesy and on time rent payment.I have only 1 tenant where the relationship is very poor. This is...
Adam Craig
Am I paying my project manager too much?
Am I paying my project manager too much? I feel like I am paying him fairly but my family and friends cant believe I am paying a handyman about 75K a year or $1500/week - (PS we are in Cleveland market so 75K is a goo...
Ken DiPietro
A legal question.
To the experts here,
Perhaps asking for legal advice is inappropriate in this forum but if I could get an off-the-record opinion I would be deeply appreciative.
The scenario is this, if I were to locate a property o...