Arnold B. Guerrero
Is 3 month turnover beteen tenants normal
Hey all,I have and issue filling in my properties. I have (1) 4/plex, (1) single family, and (3) 2/plex in Milwaukee WI, and in all three types we are on average three to four months turnover between tenants. We are u...
Cory Lucas
Numbers not working?
Hey BP, curious if anyone has thoughts on the BP calculator with regards to the Rental Property analysis vs the 50% rule? I've been using the rental property analysis calculator and when I plug the expense numbers in ...
Nathan Gesner
Landlords: How do you prevent Security Deposit disputes?
Fighting over the Security Deposit is one of the main issues between Landlords and Tenants. What steps do you take as a Landlord or Property Manager to ensure the deductions from a Security Deposit are not disputed? I...
Account Closed
Average Professional Cleaning Fees?
Recently received a hefty cleaning fee, being taken out of our deposit. We were renting a 3 bedroom, 1 level house. Half of it was hardwood, the other half carpet. We were charged $109 for the carpet cleaning (per our...
Sterling Fields
Cold Calling Off Market Absentee Owners
Hello all, I have read many discussions on cold calling/direct mailing absentee owners. Before I begin this process however, I am interested to know how things progress if you actually get someone who is willing to en...
Vania Castillo
Diary of a Rehab. in Providence
Dear BP community: It is official! Through tax lien investing a 2 family house landed on my lap. Like the old adage says, "When life gives you lemons...Make lemonade" and that is what I'm trying to do here.Here is a ...
Brandon Tom
Purchasing a home in San Jose from a hoarder/cat lady
Hello BP community!Long time listener, but completely new to the forums. I have never done a deal before, but have done tons of reading and listened to about half of the podcasts. This is complex, but I will try to su...
Chris Heeren
Security Deposit when Evicted
I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
Linda Weygant
Short Sale Bank Negotiations. Who is high in this deal? Is it me?
I've been trying to get a bank short sale under contract. It's got an ARV around $220, rehab costs around $40. I put an offer in that was about 12% over asking (acceptable for this market), but still left room for p...
Andrew Luong
Delinquent Rent Situation Advice
Hey BP Team -Reaching out to you guys here as I've encountered this tenant situation in Sacramento for the first time.tl;dr highlightsTenant is consistently late and has an excuse. I've constantly reiterated that the...