Chad Bartlett
Can we raise rent in a newly acquired home with a M2M lease?
Hey, everyone!
We are going to be closing on a duplex at the end of the month (IOWA), and one side of the duplex is below market value. We would like to increase the rent of this unit, but the current tenant has a m...
Seth Macomber
What keeps you motivated?
I thought it would be cool to see what tactics people use to stay motivated and engaged in real estate.I like to write my goals (short, long, middle-long term) in a journal at night before bed, than I wake up and read...
Trush A.
Tenant growing weed in the basement
Hello, I have a tenant possibly growing “plants” in the basement. It is in MD and the tenant is vacating in 3 months. Any suggestion on how to handle this situation?
Luis Gutierrez
How to evict in Portland OR
Hi first time writing in. We have a rental house in Portland OR and have month to month tenants. They started with a year lease and have been monthly since 2 years ago. We recently finished some major maintenance arou...
Account Closed
Can you do this?
Step 1. Make a year lease with a tenantStep 2. Sign a purchase agreement to close the date that lease endsThis was suggested to me by my CPA. He didn't know if you could actually do it.
Chris Koeppel
prohibited dangerous breeds visiting in a pet friendly rental
Hi all,Had a recent pitbull attack on me when walking the neighborhood of a rental I was house-hacking to completion. Now that I am renting the house and after doing a background check, eviction check, and a sitdown ...
Daniel A Lee Kim
Bought a SFH, sellers temporarily fixed issues to sell, now what?
Hi,I closed on a SFH in TX as a primary residency. Closed on June 1st, and now I'm seeing some issues with the HVAC unit.On the inspection, the inspector noticed that the cooling air coming out of the vents weren't c...
Bob Malecki
Dodd Frank and balloon payments using contract for deed & LLC
According to the article linked below, Individuals and Trusts that seller finance one property or less per year (to an owner occupant) can implement a balloon payment. http://www.biggerpockets.com/renewsblog/2014/01/1...
Connor O'Brien
Is it necessary to give my tenants my phone number?
In Massachusetts is it necessary to provide my tenants with my phone number, or could I just give them my email and mailing address? I’ve tried searching for the answer, and I know I have to provide them with a mailin...
Jason F
Setting up an excel spreadsheet for IRR
I want to set up an excel spreadsheet to calculate my IRR on purchasing a note.
I have on the spreadsheet how to set up the loan terms to spit out a payment for each period (1-360). I'm looking for the forumla that w...