Hi all,First time landlord in the Boston area here. Quick background: wife and I are moving to NH after being in a Somerville condo for 3 years. It has appreciated about $130k since we bought it ($570k to ~$700k). We ...
Hello.
I recently found this site and was quite impressed with the content and knowledge of the various posters.
I've been a full time investor since 2008 focusing on single family rehabs / resells and multi use com...
I have a single male tenant who move in in September. He pays rent on time, sometimes two months at a time. He is kind of needy but otherwise a decent tenant from a landlord's perspective. Problem is he is apparent...
The lease is in her name. She got the house on her credit and job. She had her boyfriend added to the lease as a person living on the premises. They broke up and he doesn't want to go. She has tried to find anothe...
So this is a deal that I came across, it’s out of my league but I was curious what you guys might think.
It’s a vacation rental on a lake, for sale for 1.3M. They claim (an investor selling it) it has $190,000 per y...
HELLO BP FAMILY!
I COMPLETED MY SECOUND FIX AND FLIP FOUR MONTHS AGO, BUT AFTER NOT SELLING AFTER TWO MONTHS I DECIDED TO RENT. MY TENANT LOST THEIR JOB IN THE FIRST MONTH, AND I HAD TO EVICT THEM. I PURCHASED THE ...
Hi Team,Background: I had my first rental property(in Texas) rented back in 2013 with a single lady. For last 2 years I noticed her boyfriend(BF) in rental house, every time I visit for repair or maintenance. I suspec...
Dear BP,
I have two options to get me started as an investor. One is to buy 4 units with an fha(3.5% down) and most likely break even each month after paying omi, taxes maintenance etc. The other option is to...
Hello, my name is Dave Danforth and I live on the northwest side of Chicago in a suburb called Elk Grove Village. I come from a sales background and moved back to the Midwest from Florida in mid-2010. I would like to ...
Hey BP-ers,I tend to have tenants express concerns over the property Tax portion of my lease. Does anyone in Illinois want to take a stab at explaining this section in clear language? Is there a better way to word thi...