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So I have someone willing to give me private money to fund real estate deals. What is the best way to handle the money? Do they give me the money to put into my account and let it season for a few months? Or do they p...
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Hello BPI just closed on my first SFR rental house less than a week ago. I put an ad on the popular rental sites 2 days before closing and got flooded with applicants before I could even show it. Yesterday we were clo...
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I'm looking to flip a property in my area. I have engaged with a private money lender to try to get the deal financed. I received a "conditional commitment" letter from the lender. To begin processing the loan, he'...
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Hello Everyone, I own a multifamily in Columbus Ohio. The water bills are a big cost to me. I am thinking about installing submeters for the property. Anyone had any experiences/recommendations/advises in this regard?...
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Hi all,Here is the scenario.61 years old. Will soon look at retiring. Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280. Purchased in 2...
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What Are the Negatives for not Leasing to Tenants with Pets?
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This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...
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I have a PM, but will start self-managing in July. The lease by the PM gives tenants a 3-day grace period. I want to change this to no grace period -- rent is due on the first. Can I legally make that change?
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Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
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Since we live 4 hours away from our properties, we have a property management firm.
A year ago we personally inspected the properties prior to putting them on the market for sale. We found the condition of one house...