Jared K.
Purchasing Multi and need to take parking from another tenant
In the process of purchasing a 3 family owner occupied property in Massachusetts. I will be living on the first floor taking over that unit from the current owner. However, since the owner didn't have a car, she inc...
Marc Glass
New member in Deerfield, IL (northern Chicago suburbs)
Hello BP!Thank you to all for creating such a helpful community. I've primarily participated from afar, reading numerous forum posts and listening to about 1/2 of the podcasts. I'm ready to engage more, both on the f...
Michael Bier
Helping out the tenant with lowering rent
My tenant wants to break lease to move to a lower rental. Should I lower the rent to keep them to the end of the lease which is one more year or let them just break and leave?
Eric Griemsmann
Hard money Loans?
When taking a hard money loan out. Do you pay a monthly payment back or how does it actually work?I am very new to this, but want to educate myself on the knowledge i need to be able to pull the trigger on my dream of...
Debasish Bhattacharjee
Need help on landlord/tenant related question
I have a rental property in northern California. Current tenant's lease is expiring on June 30th, 2021 and they are not renewing. 1. What would be your recommendation to list the property. I still have another 5~6 wee...
Liz Ellis
Kansas City KS tenant won't pay or get help
Purchased duplex in KCKS in Jan. Inherited one tenant who informed us shortly after closing that she lost her job due to COVID. To date she has paid $500 out of $3400 rent. Her lease ends in August.
My PM has been p...
Michael Foleu
Should I walk through every property before making an offer?
I am looking for my first investment property to purchase. I would ideally like to find a property to BRRR, but prices right now are making it hard to find a deal that leaves enough room to afford repairs. Because of...
Matthew Pritchett
Next Steps following a close on an occupied rental
Hopefully it's not too late, but I'm closing on a fourplex today. It's 3/4 occupied and I'm not sure if I need to have rental agreements for the tenants in place today or tomorrow. We have house rules that we give to ...
Maria D'Aura
Tenants, Dogs, and Insurance company - what can I do?
I bought a property with tenants in place on month to month lease as lease had long expired. One tenant has 2 dogs I never saw when I toured the place and there is no pet addendum on the old leases that I was given. M...
Jose Madera
Sandwich Lease Option
Hello, I have a question for any seasoned investors who are willing to help others. I have a lease option agreement with the seller, in turn I lease optioned the property out for a higher monthly rent and a higher pur...