Brad Franks
First time landlord; inherited tenants.
I just closed on my first rental property yesterday, a duplex in a good location. Both units are currently rented. There’s no current lease, and the previous landlord was not managing the property at all. The rent cur...
Justin Donohue
What if you have a new lease but old tenant won't move?
My wife posed this question to me and I wonder if anyone has ever had this experience? Say your current tenant is given notice to leave and you show your property in the meantime and find a new tenant to move in be...
Rachel Zhang
litigation necessary? cloud on title caused by bank
I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
Michael Nahm
Thoughts on new locks for every turnover
We own a few rentals and thus far haven’t changed the locks at any turnover. As I may have a couple of turnovers coming up I’m curious as to what others do when it comes to move-time and whether a change in locks is p...
Armin Rostami
Subject To Townhome Deal Analysis and How to structure and offer? (First Investment!)
Hi everyone, I came across a subject to deal with that would love to hear some experienced advice and feedback on the deal and if I should move forward with it. This will be my first investment and my goal is to get m...
Ali NA
Newbie Ali in NJ, cash flow queen!
What a great site! I am a new member and look forward to reading all of the great info and advice offered here at BP. I am also hoping to network and get the word out about my credit consulting business.
My journey ...
Lin Ding
Asking for advice: Sell/swap or Continue to Hold it?
Hi BP masterminds,I purchased a home as a primary residence (3B2B) in 2017 and I moved to another state in 2020 and kept it as a rental since then. It's rented by room (2 bedrooms 2 bath to 2 girls for a roommate situ...
Tom Fitzsimmons
Rent to own VS buying
I'm leaving the rental lifestyle, and plan to buy. I have been looking into the Rent to own strategy, since it does not require such a large downpayment. I'm looking in Arlington and Alexandria VA to try this strategy...
Jaime Navarro
Taxes implications for buyers and seller on finance deals!?
Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
Thomas C.
Interesting situation for a lease option
I have an interesting situation where i am considering proposing a lease option and would appreciate some feedback and hopefully point out any aspects of the situation I might not be considering.
I was approa...