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We just signed a lease on Monday with a seemingly good tenant. She passed our application process and had all the money due for lease signing. Within hours I received a text of things she would like us to change or he...
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We have a young single woman who is a tenant in one of our properties who moved in fall 2012. She's a nice tenant and responsible. There was an incident a few nights ago when a big fight broke out on the street in fro...
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I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
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As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
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I just received a call from my banker telling me that this policy would be effective on June 29 2008. This really slow down a lot of new investors like me. Does anyone know if this applies for the whole lending indust...
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Hello everyone,
I was wondering what most of you real estate investors would consider the "ideal" number of properties to be able to quit your job and live comfortably without having the NEED to pick up another prope...
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i hate talking about carpets in rentals. it gets my blood boiling. i hate shopping for carpet. It's like buying a mattress - if you dont know anything about it, you are getting screwed over. i hate dealing with tenant...
I finished a remodel for a lady in texas. At the end of the job she refused to pay the final bill stating, "i am disputing the bill so I do not have to pay all of this". She then began to claim items that were not p...
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I have an opportunity to invest in a new construction build in Peyton, Colorado. It's a hot market next to Falcon where there are lots of new homes selling for $300,000 to $600,000. The numbers on the deal are $162,...
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Dear BP Family, I know this isn't the most flashy of topics, but here is the situation I am in: My company recently purchased a 7-unit property in Portland, OR (Keyword alert: 'Portland' is being discussed on biggerpo...