I recently had my rental property thoroughly remodeled w/ my property management in charge.They took a month to get a tenant. When they got a new tenant he reported the heater did not work. He had no hot water. The pr...
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
We've all new to this game at some point. What was the biggest mistake you made when getting started? Did you discriminate against someone?Did you find your lease in the bottom of a Cracker Jack box?Did you let emotio...
Recent tenant eviction, although they are rare in my world, they do occur once in a while, this one was like no other one before, tenants of (3) years, stopped paying the rent, we had to evict the tenant, the tenant m...
This is going to piss off a lot of agents.I was reading here on BP about a buyers agent refusing to submit an offer unless it is at or above the asking price and I kind of got pissed off.In today's markets the buyer u...
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...