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I recently purchased a 4 plex in a rougher neighborhood. Many people responded to my vacancy units ad on craigslist. However I am running into problems that neither they are not qualified, or qualified tenants don't l...
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We were thrilled to find a tenant in California who was willing to sign a long term lease due to a project he was working on. The caveat was the rent was set at below market and fixed for the 5 yrs (rookie mistake).
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Hi guys. My name is Matt and currently my wife and I have been living at the same apartment in Chicago for 3 years -- never late on rent. Long story short: My landlord raised the rent by $40 year two and $60 year thre...
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I have a tenant contact me for a negligent property manager we hired. She showed the records of her contacting the PM for repairs with no or delayed responses. Some were pretty bad like AC/heating or major appliances ...
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I’m looking to rent out my first property and am trying to do it myself (without a management company). Can anybody advise me of a good tool to screen tenants and find a good template contract? I see there are service...
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I recently read a piece by a popular author that observes real estate investors are gypsies when it comes to getting loans. They generally roam from lender to lender to get the best deal at the time for their situati...
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Hi Fellow BPers,I need some advice. I have a closing for a commercial multi unit in Delaware and 1 of the tenants was given notice of lease termination. This guy was not paying the increased rent amount set by seller ...
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Hey guys ,I am looking to invest in US. Can see pretty good yields compared what we have here in New Zealand. Can someone please guide me through the process to buy a house in US. I think the biggest road block is get...
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Is it a good idea to purchase a duplex with existing tenants. What are the drawbacks?
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So I'm hearing major cuts across HUD, but housing will be wrapped in an infrastructure bill. I also have read the city of Houston has revoked 900 vouchers from applicants who are not currently in housing. Thoughts?