I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...
I inherited some leases and they all provide for payments being due on the 1st of the month and that a late fee will be assessed if they have not paid by the 5th. So inherently they all normally pay on the 5th....I n...
So, Louisville metro council just passed an ordinance to start inspecting all rentals. I’m a small investor with 2 single family homes. Does anyone know the details of these inspections? What I’ve read so far hasn’...
Hello,
I purchased a duplex (each has 3brs/1ba) last April in a city with 5+ colleges, a university, 2 hospitals, and state offices.
I decided to rent one and live in one for the first year. I advertised...
Hello BP Nation,
My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...
Hey all, my name is Adam. I live in the Boston area. I own two investment properties. I recently moved out of my two family and I'm in the process of renting the unit I used to live in. I'm looking for a recommendatio...
I am interested in hearing opinions on investing in a college town these days.
For those of you that have rentals in college towns:
1. What sort of impacts has COVID made to your business (good or bad)
2. What pit...
I’m looking for advice /guidance on countering a price quote I received for a Tax Deed in Mobile, AL to gain ownership of a vacant lot. Scenario (real): price quote came in for $3000 on a tax deed for a vacant lot whe...
Hey all,We have a property in Greeley, CO and found out the tenant has not paid their utilities for the past 3 months and gas will be shut off today if they don't pay at least half of the bill today.This is our first ...
Is a Lease Term Longer than One Year Really Beneficial?