I have a tenant that pays on time each month, but does not keep a clean unit. I have a $650 security deposit for this persons unit, but if the tenancy were to end today, it most likely wouldnt cover the cleaning, pain...
Hi BP Community,My tenant/neighbor let me know of an issue related to water seeping from my top floor condo unit into the unit below approximately 1 month ago.I contacted contractor #1 and I was told that they would b...
Question for all the seasoned NYC / Brooklyn / Queens multi-family buy and hold investors out there. When analyzing multi family properties in our high-cost area, what rule of thumb or percentages do you use for esti...
I’m buying a house in a couple of days and there is a renter in it that hasn’t paid their rent for the last month according to the seller. The renter went on a month-to-month lease over a year ago. Should I get the ...
Hello, I am just starting my research and would like to know if my goal sounds possible for the area. My husband and I would like to buy a 3-4 bedroom house single level in either Kissimmee or Davenport area between 4...
I currently have a rental that is about half way through its 2 year lease. The current lease is for $2,350 a month ($100 below market at the time for a 2 yr lease) but a similar property recently rented for $2,600. Ba...
Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees. They are also smokers and their unit is horrid. They are month to month. What are common practices to remove...
A deal fell on my lap to purchase a commercial warehouse. It was built in 2004 and also has office space in it. It’s 8,600 sqf and is two stories. They are asking $1,100,000. Currently only one tenant occupying about ...
Wondering how you handle consumable supplies that you don't cover yourself. I'll be covering soap (dish, laundry, hand, dishwasher), toilet paper, paper towels, kitchen/small garbage bags coffee filters, scouring pads...
First, I know the 50% rule is a guideline and not a rule. I am curious: Given the high property taxes here the Dallas area, how achievable is the 50% rule?I ran a report using a house whose ARV is $150,000, bought at ...