Cheryl Moore
Need help with a tenant situation
Hello BP I need some advice I purchased a property from my contractor/partner. He told me that he already had a tenant lined up to rent the house too. It is one of the guys who works for him. My partner vouched for th...
Lee V.
Tenant wants to pay for a 6 month lease up front, should I do it
A 20 year old college student is wanting to rent my cottage for 6 months because she graduates this year and is planning on moving out of state. Her grandfather will be paying me the full amount up front. She is curre...
Simon L.
Red Flags or no type scenarios
A tenant is very close to signing a lease and has confirmed a date to come in and we told them that all people that will living in apartment must be present and to bring all documentations and have them ready. they pr...
James Sun
GA - Tenant Broke Lease and Left Without Paying Rent
Tenant informed me on the 2nd that he would be breaking his lease this month and leaving on the 8th. He also mentioned he would pay Feb. rent at a later date. He sent me a text on the 9th that he moved out and left ...
Izzy Zeigler
Tenant Breaking The Lease: Sublease vs. Find a new tenant
Hi all,I have been an anonymous reader for quite some time, but this is my first ever post! I have learned a ton by all of your experiences and suggestions.I own (and live in) a 3-flat in Chicago (north side - around ...
Vi Huang
Tenants Using our SFH as a Hostel
I just fired my previous property manager and during the transition to a new property manager, we just learned that our tenants have been using our home as a hostel. One of the tenants is a manager at a restaurant and...
Drew Brower
Should I make tenants pay a penalty for wanting to break the lease early?
Hi everyone, I have recently been renting out my first house for the past year and a half. The tenants have been great and we have maintained good communication if anything needs fixed or addressed. However, they have...
Stephan Haas
Whats the most effective way to recover past due rent?
I have a couple tenants that are in my 4 unit, I let them move in without it being certified. They examined the apartments and liked them, paid some of the deposit with a promise to pay the rest the next day, moved i...
Chris Ye
LLC payback to HELOC
We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...
Derek Carroll
Screening Showings for serious renters
I live an hour away from most of my SFRs and self manage. When I have a vacancy I only want to show it to someone that is serious. How do you screen out folks for showings who are just kicking tires or might not oth...