Just got my first deal under contract and it's definitely an interesting one to say the least. It's a triplex set up like a twin with one half of the property being a single unit and the other half being two units. Th...

What are others doing about late fees for tenants during Covid? Are people waiving them? Based on background with tenant what should I do. I don’t know if the payments are late because it’s affected by covid or not bu...

Hello,
I gave a tenant about 60 days notice that his lease will not be renewed. He said he would not pay his last month. I told him I will keep the deposit then. A couple of days later he asked if he could leave a mo...

Hi All,

Newbie question for you all... I'm looking at a 6-unit right now and I believe there's a value add opportunity as the landlord currently pays about $8k annually in oil and electric. My plan would be to purcha...

Hey there fellow BPers! Got a question about the best way to manage a lease break request.  I've read countless posts on the topic of ways to financially address the lease break details based on the lease agreement an...

Not sure how unique of a situation I have on my hands.  The seller re-signed a 5yr cable contract last November for a 16 unit we are 10 days away from closing on.  As a contingency, I required proof of the cancellatio...

We have a rental w/ a bad rental history the past couple of years.  We have a PM and a tenant who has be evicted; 2nd eviction in 12 mos.  This rental isn't local to us since we moved to MD and currently rent ourselve...

Yesterday, I came to a verbal agreement with a current tenant of mine for a new 18 month lease at $1400/month. The tenant now has the physical lease to sign, but I have an email from him asking to handle snow removal ...

So I have an interesting situation.  I am currently trying to buy my first rental property, which is currently occupied, during the home inspection we found human feces on the floor and walls in two bedrooms and the h...

I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...