Lou Forino
forgiveness of rent/sec deposit in exchane for keys
We are in NYC and I have a property that we are in contract to sell, but it must be delivered vacant. One tenant agreed to leave at the end of March in exchange for rent forgiveness. Feb & March, minus 1 mo. secu...
Yiu Law
Seller counters to pay closing cost but no specific
Hi All,I am new to this website but have heard nothing but good feedback about it, so I am hoping to be able to get some good advice here and hopefully provide some in the near future.A little background about me. I ...
Dan Beaulieu
Seller Financing on a probate property?
Hey Everybody! I have a question concerning probate homes and how to convince sellers to seller finance. I have a potential deal in the works, and the sellers have inherited a lake house that is a PRIME candidate for ...
Kristen Pa
New Vacation Rental - Marketing
We recently opened up our first vacation rental in Estes Park, Colorado. We have a property manager who markets thru VRBO. Typically, it is a strong market fro short-term rentals; however, it has been a slow start for...
Daniel Sprague
Turning Junk Mail into OPM
Hey BP,Just wanted to share how i changed junk mail into a financing option for projects.I started using interest free credit cards back when i was 23 when i didn't have enough money to finance needed upgrades. To be...
Max T.
Lease violation? Who is in the wrong?
This is for a LL friend. I don't know what is exactly in his lease.
It is an annual lease ending 8/1 with a 60 day notice for termination (6/1).
So when 6/1 comes the tenant says they are terminating. My friend be...
Marquis W.
collecting rent bi-weekly through payroll deduction
Hey BP, I am considering renting a property to a co-worker and would like to get rent pulled directly from his payroll into my account which he is agreeing to do. I like this method but a bi-weekly payment is also a p...
Neil Whitney
Security Deposit from Inherited Tenant
Okay so I have a little bit of a dilemma. I recently purchased a four plex and I inherited two tenants who are on month to month leases.
One tenant has no security deposit monies on account as she is the previous own...
Vince Grove
Cash back after sale??
Hello,
So I'm new to BP, and the real estate investing business. I currently have been reading a lot of the books here on BP, and soaking in as much knowledge as possible. With that being said, I have been in the mar...
Seetha G
Investing in Oklahoma Rentals
Hello All,
I am considering to buy investment properties (single family homes) in Edmond, Oklahoma and rent it out. Can you please suggest if:
• Edmond, OK is the right market to invest for Rental homes
• How easy i...