Yuliany W.
Should I take this tenant?
Hi all,
I need your opinion about this. One of my unit is vacant near downtown Scottsdale, AZ and my manager just told me that she has an applicant but she wanted $50 less than what I usually rent it out for.
This is...
Lee Pegram
Mobile Home Park--Please Help!
I am new to BP and I currently own 8 mobiles in a family park that is going well. I recently received a call from my real estate agent on a MHP. This isn't foreign to me but I am treading som new waters. It has 7 unit...
Isaac Isaacson
Renter wants to Buy Rental House
How do I play this correctly to maximize price? The house was not on the market; however my property manager informed me that my renters (pre-aproved, good credit, etc) are interested in buying it. I said I would co...
Garrett Tierney
4-unit, First-time, Fixer-upper, House-Hack!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Joliet.
Purchase price: $245,000
Cash invested: $11,485
As a first time homebuyer, first time investor, my first deal was ...
Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Jeremy H.
Tenant wants to break lease (CA)
I have a tenant who says they are buying a house and must break the 1 year lease and want to move out November 1. (so it's not even 30 day notice! 12 days away?)They have just been here the 4th month. What do you ...
Luke H.
Eviction:Prepare for Court date
Hello,Any advice, suggestions, tips for a eviction court date? Renters owe rent for last month and this month. Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...
Karen Young
Tenants' check bounced. Property mgr mishandling?
Tenants' check was returned for NSFs. Property manager said they turned in paperwork to officials that if tenant didn't make the check good within so many days she would be arrested!In all my reading on BP and numerou...
Sheri Fierro
toilet replacement labor cost
If I buy the toilet, what should the cost to replace it. Normal toilet. 2 piece, usually put 2 was rings on it.I know a plumber is more expensive but this can be done by a handyman.I have 7 to replace in a commercial ...
Donna Paget
Emptying the septic tank
Hey Big Pocketers!I need some advice on what to do with a problem with my tenant and the septic tank. When this renter moved in last year, I had the septic tank emptied. I usually only do this every 3 years or so. She...