Jordan L.
Repetitive HVAC Theft, Cages, and Insurance Claims
Hey BP, I have a rental property in South Carolina that has had the HVAC package unit stolen three times in the past 8 years, always when the property is vacant. The property is an A- class property, but unfortunate...
Kelvin Williams
Newbie Closing on 4plex
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
Jordan Baratono
Seeking Real Estate Agents Experienced in Florida STR
Anyone have contact with experienced real estate agents in St. Petersburg or Clearwater Florida? We are interested in securing long term leases on quality properties in Florida so we can furnish them and put them on t...
Account Closed
Renters broke front storm door off of door frame
So, I how should I go about having them be responsible for the cost of repair? Should I fix it myself wit a contractor and bill them? If I did this I know it would get done but I don't know if they'd pay me back for...
Aaron P.
Analyze this deal, critque away!!
Table of ContentsThe Property 2Financial Overview 4Financial Statements 5Our Methods 9 MLS® Number: SK792508List Price - $299,900 This 4-plex was built in 1970. It boasts 3 2-bed...
Karen F.
Can I keep their entire two month deposit?
We had an applicant with Sec 8 in November for a unit, and we submitted a packet with him for the unit early in November. We then, throughout November, turned away any other Sec 8 applicants, since we already had sub...
Kevin Humphreys
REITs v. Direct investing in real estate
My question is pretty basic. What are the main reasons why investing directly in real estate is a better idea than just investing in REITs.My understanding is that the rate of return on REITs is generally higher than...
Chrissy L.
Putting an offer on a multifamily...help
Hello BP, after months of diligent and persistent search, I've finally found a deal to put an offer on. It's a 3-unit multi, two of which are currently tenant-occupied. Based on the rental market in the area, the th...
Charlie Gruber
Can I charge pet deposit for service animal?
I have prospective tenant that has a service animal. Typically I charge a non-refundable pet deposit. Is it still legal to charge this deposit for service animal? Thanks in advance!
-Charlie
Sylwia Leczycka
First time landlord question
Looking for some advice - am a first time landlord in morris county nj renting out my one bedroom condo. What is your opinion on using venmo or similar service to collect the rent? Thank you.