Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
Aidan Birmingham
How to determine how much principal remains when balloon payment is due
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Terra Padgett
UNpredictable Cash Flow
You hear so much (I guess from the gurus and course sellers) about how “predictable” the cash flow is from rental properties. Well I adamantly disagree. You have a maintenance issue…unpredictable cash flow. Your insur...
Michael Ehmann
Helping tenants improve their financial literacy/stability
Tl/dr: we are looking for advice/resources to help "train" our newly inherited tenants to be more financially literate/stable (more context below). Here is what we're looking for: Any programs/courses (either in Georg...
Angela Anderson
Will be renting to our daughter.
I'm a new member, and this is my first post.We bought and are rehabbing a small house down the street. We will be renting to our daughter as soon as it is complete. I know from experience that working with family ca...
Account Closed
Charge for burned carpet if I was going to replace it anyway?
So I will have a tenant move out soon. There are burn marks on the carpet in one of the bedrooms and one of the kids confirmed that her brother way 'playing with fire' -- this scares me. But anyway, should I charge ...
Casey Mack
Housing Stimulus... Good or Bad for the Industry?
So is giving people 8k really a good thing for the overall economy?
Amran Musaid
Change in square footage
I have a deal on the table right now and I’m not sure if I should close or walk away from the deal. It’s a duplex and the listing says that the property is 2100 sqft the purchase price is 165k. The appraisal came in a...
Rajheim Hunt
Inherited tenants with under market rents. Prop manager questions
I purchased a duplex in Ohio, and inherited the tenants. One tenant is an 11 year tenant, and the other is a 5 year tenant. Current rents are set at $600 and $625. Market rent is about $700. I have a property mana...
William Manning
Just starting remote rental investing
As the title says, I'm new and starting remote rental investing. I would like to not just learn the BRRRR method, but be successful at it. I will be lurking the forums looking for answers and a sense of direction for ...