Kenny Sibrian
what would you do in my situation?
so my current situation is i have fair credit around 700 from what creditkarma states but with to many hard inquiries. my total debt adds up to 27 thousands. im making monthly 2,144 a month before tax and in my savin...
Chris Y.
NYC Boroughs Eviction - Additional Advice and Feedback Wanted
All feedback appreciated. I am losing my mind dealing with a nightmare at this point. Long story short, we gave the tenant a notice to quit about 3 months ago. Mainly because they had young kids and we wanted to b...
Randy Glenn
Jumping into real estate
Hello,Been lurking around for a couple days, trying to not ask duplicate questions. But honestly I have so many...A couple partners and I are all going in together. We've narrowed down our markets to KC, Detroit, and ...
Melissa Villegas
URGENT: Tenant wants out of lease, threating lawsuit
Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
Nels Haugen
Inheriting a San Jose, CA Home - Rent or Sell?
My grandfather passed in the last year, and he left two properties to my mother to inherit. My mother is looking for me to manage the 'family decisions' when it comes to these properties. I've been learning a lot abo...
Chris O'brien
How to calculate building costs for a small apartment building
Hello all, I am new to the forum and have been reading all over BP trying to educate myself about real estate. I'm 27 years old and have saved up quite a bit of money($120k at the moment). I'm interested in building...
Dean Klein
Need advice on a bad tenant
This will be a long post so if you read through it all and get to the end, thank you! In mid 2020, I was working on a siding project at one of my rentals with a handyman who had done some work for me in the past, he w...
Tom Spackman
Credit/Background check cost - Who pays?
Do you pass on the cost of the background and credit check to your applicants? I just rented a 2 bedroom unit to a couple, and I asked them to pay the cost of the Transunion SmartMove Background check. They balked at...
Carl A.
Large dental tenant demanding 90 days abatement
Hi allI have a commercial rental with a large national dental tenant (they have about 200 clinics nationally). They sent a letter out that is summarized as follows: Due to the forced shutdown, we will not pay rent f...
Jessica Flint
calculating vacation rentals
I'm thinking of trying my hand at vacation rentals but I don't know how to even begin calculating for cash flow, ROI, etc. How to know if the home will be a good deal. I've done it many times for SFH and MFH but nev...