Stephen Chaney
Advice on particular tenant hogging laundry facility
I have a 6 unit property with a total of 8 individuals living in the property. ONE 2 person family is consistently hogging the laundry facility. There is only one washer and dryer for the entire complex because the la...
Anna Granofsky
Pre-existing Tenant and Damages
In December, I purchases an old triplex in West Virginia that was already filled with units under a non-profit homeless housing organization. The tenant in one of the apartments has been living there for years and has...
Brian Orr
Evicting month to month tenants on new purchase
If you all read my previous post you know I just acquired a 4 unit building in rural North Carolina. We discussed plans to raise the rent, allocate utilities to the tenants, pet fees, etc...Well I just met with all of...
Mike Huerta
Newbie Question - Buying, LLC, Trust, but in what order?
Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
David Wrenn
Lost job $100 budget
So I lost my high paying job and being a single dad my savings disappeared quickly. Boohoo for me right. So with a $100 shoe string budget to start in NJ how can you go contract without earnest money? The start is usu...
Daniel J Jackson
Pets for more rent or no pets for less?
Hello all:I just finished rehabbing one side of a duplex and have two great tenant candidates.OPTION A: Will pay $1,250 and has no pets. 2 adults and 2 young kids. Great all around.OPTION B: Will pay $1,250 + $75/mo...
Robert Wilson
Got It Under Contract--NOW WHAT??
So........ I just got my first property under contract. Now what do I do? Can someone please give me the last steps in this process.Thanks in advance
Justin Sandall
To increase rent or not to increase rent
We are nearing the end of our first year lease on a SFR and trying to decide whether or not to increase the rent for the coming year.
I've read that you typically increase ~3% annually but we are hesitant as we are ...
Tyler Blackwell
Family member wants to bequeath house...easier to be on title?
Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
Jake Maughan
From Utah to Muncie Indiana
Guys, I need some help. I'm currently looking for my first rental and after scouring the MLS, I realized that I needed to be creative to find a good investment. I reached out to a mentor who has been in the rental b...