So after doing my homework, placing ads,etc, I finally got a call from a lady in foreclosure. I have the comps at 230-250, she says she needs 160 to get out of the mortgage, and wants some cash to start over. She says...
My rental portfolio has grown to the point where self-managing has become a major time commitment. I am considering hiring a full-time employee to assist with managing so I have more time to raise capital and evaluate...
My tenant did several marks on the walls that cannot be removed. If I have a painter do some patches, even if there are skilled, we will see a slight difference of color.
Can I use the tenant deposit to repai...
I just put my first unit on the market and I'm getting a whole range of interested parties. Many of the folks who seem like decent potential tenants have lower credit scores. There are many folks in the 600-650 rang...
I just finished talking with y broker and he has informed me that due to covid 19 the 10% penalty for taking your 401k before age 59 has been waived. My question to BP is... As investors, we are all looking to achieve...
Wondering if any experienced landlords/ property managers out there have figured out how to "trim the fat" off their rental property expenses & or time allotted to them? Examples include: -writing into the contrac...
Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...
This is so ironic: yesterday I scheduled a guy to come cut down two big elms on the property and today a tree branch fell on the tenants car. This branch came from a giant maple which, has proved itself to be rotting....
I'm obviously still very new -- does anybody specialize in college towns at all? As in -- buy a crappy house in a college town, fix it up, and rent it out?
Reason I ask is that I found a relatively cheap house for s...
Hello all. I'm looking for a little bit of advice from anyone that has been in a similar situation.I have a tenant that signed a 1 year lease. We're half way through that lease now. My property manager reached out ...