Adam Hoak
How should I raise rents on an old tenant?
I have a duplex that I would like to buy. It currently has a vacant side and a rented side. The rented side is for $575 and below market average which is $750. She is elderly (mid 70s) and has lived there for 13 years...
Katelin Eberhard
Property Mangement, why not?
If you don't have a property manager, why not?Curious what would make you consider getting one?What makes you not want/ have one?
Fred Shandler
Understanding how to analyze a SFR vs. Duplex
I recently saw a SFR and a duplex for sale. Both had similar asking prices with similar gross rents. I was a little confused, however, when trying to analyze both deals, as the SFR seemed to be significantly better ...
Alex Thomsen
Earnest money deposit on a new construction
Hi BP community,
I have a situation, which seems a bit odd, and I would be grateful for any insights. I am looking for single family investment/rental properties in Charlotte NC and my agent found a new constructio...
Wesley W.
Anticipating a decedent's next of kin / strategies for acquiring off-market deals
Hi all,There is a distressed property I have had my eye on for several years that is in extremely close proximity to a property from my childhood, and an area I would like to own in. I have written a personal letter ...
David J.
When is it ok to buy a depreciating asset?
HI,I have been a real estate investor for many years now. I have been very disciplined with my investing strategies, making sure to budget, and invest as much as I can. I now have about ~ $4M RE portfolio, ~$240K in s...
April VanCleve
Should I stay or should I go now?
I work in a controversial job... the dilemma is - it's not in real estate. Pros to my current position: Secure, w2, pay is above average, benefits are stellar, schedule is somewhat flexible (can leave if I need to wit...
Anastasia Orth
What's a girl to do?
Dear BiggerPockets Community,I need some guidance / advice.But first, I just want to apologize for being completely absent on this platform for the past few months. I entered escrow on a property back in mid-April, an...
Nicholas Jose
Need help with my tenant rejection letter
Good evening, BP.
I'm writing my Tenant Rejection Letter and found some reasons online as to why a tenant is denied their application. So far, I have:
Application incompleteApplication contains false informationDeli...
Roger S.
Moral dilemma? Existing tenant
Hi guys. We have the opportunity to purchase a house at a very good price. It is currently occupied by a 50's aged widow. She pays about $350 UNDER current market rates, the rent has not been raised in 4 years. ...