Micah Hensley
Help! Insurance in Oklahoma!?
Hey everyone! I'm shopping around for insurance for our first Single Family we are about to close on. I have a couple of questions that I hope your collective mind can help out with! We are BRRRR'ing this one!
1. Is ...
Art Maydan
Submetering Electric in a Nonconforming Unit
Hey everyone,I manage a 7-unit building with a nonconforming basement unit pulling power from the common/basement meter. The owner would like to get the tenants to pay their own electric. I had two electricians take a...
Elton John
Just closed on first deal ! Am I beating myself too hard on numbers
Side by Side Duplex Purchase Price $365K
B+ area
Negotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.6 - 3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & C...
Sonya Hansell
Rental agreement Indianapolis
Hey everyoneDoes anyone have a blank rental agreement for Indiana? I will be needing one (hopefully soon). And one that is fillable would be great.ThanksSonya
Timothy Bever
Emotional Support Animals
I own and operate a rental property in Los Angeles County that I rent by the room to college students. Last month I rented to two individuals that knew each other for 2 rooms in my house. I was called out to the prope...
Chris Nelson
To Sell or Not to Sell this 15.9% Cap Rate Duplex
Hi BP,Wife and I purchased a duplex in September, 2014 for $142,000 as owner occupied with 15% down. We put roughly $20,000 into it and have successfully rented it the last 2 years for $25,800 annual gross rent. We ...
Ethan Edwards
Credit, Background Checks, Rental Agreement
I have a unit becoming available this month in San Pedro, CA and plan to hold an open house for prospective tenants. What do you use to run credit/background checks? Also, any advice on where to obtain a good rental a...
Matthew Paul
Tenants are filthy
I just got done replacing a broken faucet , I got there at 9 am and the sink was full of gross dishes and pots and pans, there was 5 trash bags in the corner and clothes laying all around . The tenants always pay on t...
Jason Lee
late rent penalty fees collect later
Do you more seasoned landlords worry about late rent as in a few days past the late fee mark.( I put 50$ penalty on my lease)Or do you just take the late fees out of the deposit at the end of the lease?
James Smith
Guarantor's right???
i recently put guarantee for my gf to rent an apartment in NY. now things are not really going well between us and she is also financially tight.
now in case she is not able to pay her rent on time, how much time usu...