Robert Siverd
Buying a building for small business
I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
Matthew John
1 Furnace in 2 Tenant Duplex
Hey guys, I have a upper/lower Duplex that only has 1 furnace. It's setup right now so the tenants each have their own Gas bill in their name, but one of the tenant's bills is considerably higher than the others. The ...
Steve Sherman
Unknown non-renters staying in my 4-family's basement. What now?
Hey BP! I recently purchased a 4-family in an okay area of St. Louis and with the building I've inherited 4 tenants. A month into ownership, a few neighbors started complaining about the neighbor from one of the units...
Karl Huther
How old is too old for rental investments?
I’m new to rental property investments. I see some in my area that look to be in decent shape but says the property was built in 1886. What would be reasons to shy away from a property like this? I’m up for the challe...
Conrad Legé
Furnace in the bedroom -- big problem or no problem?
Hello BP, I am looking for some insight here. I have a small multi unit that I will be closing on in about two weeks. In one of the units I a plan on renting to tenants, there happens to be a forced-air furnace that i...
Kimberly T.
Can "having a job" be part of your tenant screening criteria?
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Patrick Scifres
Wholesaler's and Due Diligence and Transparency
I have a new client who found a property here in Memphis, TN that he was interested in maybe purchasing. The property was on Zillow and was listed for sale by a wholesaler. Now before you jump to conclusions and thi...
Chris Seveney
Is it really this bad with syndicators?
We run investor relations in house with our company - so I believe this adds another level of transparency when communicating with investors. So every month we have a member of our team reach out to investors to check...
Nick Brewington
New to Sioux Falls SD and looking for investment properties
Greetings to all!I am Nick , my wife and I are looking for investment properties in Sioux Falls, we are new to the RE game and this will be our first investment. We are looking for something turnkey or as close as pos...
Prakash B.
Tenant is stealing electricity
Hello BP Folks,I have a section 8 tenant which i inherited from the previous owner. She has been causing lot of problems and her lease is set to expire in end of July. I found out from other tenants that she tampered ...