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I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
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Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
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I have a 6 unit building with low income tenants. After a tenant's one year lease converts to month-to-month is there any incentive for the landlord to sign a new lease? I'm not seeing a benefit. My thought is that...
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Hello BP!I just listed my first rental property. So far so good. 8 Inquiries so far and I want to do showings tomorrow... How long do I schedule these showings for? At 30 minutes each I am already spending a half day...
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I am about to close on a single fam home in north Austin that I plan to rent. I have found a good property manager as I live out of state. In reviewing the agreement I see that the PM will charge the 8% which is reaso...
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I just bought a duplex 3 weeks ago and have been at the property rehabbing the vacant lower unit. I was outside installing gutter screens and noticed a torn window screen and a slightly open window in the common area....
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Hi BP,I have a rental where 4 young women (mid-20's) are renting out my 4-bedroom home in an A/B suburban neighborhood. Several weeks ago, a tenant's vehicle, a BMW, was stolen overnight, and at the same time a neighb...
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I kind of feel like I'm a few years late to the party....I've seen quite a few houses and just feel like there are so many of us scouring every deal out there and the only ones that stay on the shelf are the less than...
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Hello,
Resident wants to break lease because they want to buy a house. I told them no.
Their lease expires April of 2020. They then asked to leave in January, but also pay the balance on the remaining months on le...