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Results (10000)
Josh R. What to do with a property that has too much equity?
12 November 2024 | 18 replies

Hi BP Peeps,So I have run into a good problem. Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment buildin...

Patrick Philip How to find the ideal house to rehab and flip?
25 March 2017 | 16 replies

I just secured financing through a HELOC. I think my price limit will be about $120,000 for the purchase and rehab. What characteristics do I look for in a rehab house that will allow me to add the most value? I get l...

Esther Kim Three Applicants-One has Good Credit, Second Fair, and Third Bad with 4 Collections
22 December 2023 | 4 replies

Two of the applicants are mother and adult son, with a child that is a minor. The third applicant is a friend.The mother alone has good credit and makes income that is 3 x rent. However, when running credit, the third...

22 March, 2024
Rookie Reply: “Managing” Your Property Manager & How to Invest While in Debt

A property manager can alleviate the burden of screening tenants, collecting rents, and maintaining your property. But if you’re not careful, exorbitant fees and unexpected charges can quickly eat away at your cash fl...

Mike Malicad Help!!!! Management fees. 1st time owner of multifamily
21 September 2017 | 5 replies

Hi bp family! I have a question. The managemnt managing our building is collecting mgmnt fees based ont current rent roll regardless if the tenant pays or not. Is this normal or even fair for owners. All along i thoug...

Andrew Reid Smart Move Recommendation - Not Enough Info - What to do?
9 February 2017 | 5 replies

Hi Everyone, Property Location: Albany, NY Last week I sent a rental application to 3 tenants. One of the tenants is a new applicant as their old roommates are moving out. They were the ones that originally qualified ...

Clinton Davis Pet policies lately. ??
21 August 2024 | 5 replies

What do you guys normally do if a tenant moves in without a pet but then they want to get one later.  What kind of pet deposit is fair these days and is it fair to ask for more rent per month and how much?  I know eve...

Maryann L. R they reserving the right to pursue?
10 April 2010 | 4 replies

I believe ASC is reserving the right to pursue a deficiency, although it doesn't acutally SAY it like that.
Would someone be able to interpret this for me?

"Upon satisfaction of all terms specified above, the mortgag...

Amish Patel Collections agency experience for past due rent
12 February 2022 | 2 replies

Has anyone had any experience with any debt collection agencies for past due rent? I had a tenant that owes me over $7K. 

Christopher Ward Service pet question
24 October 2018 | 16 replies

Hello,Quick question. A potential tenant has told me she has not paid a pet deposit in the past due to it being a service animal. She has given me a registration number for the pet.Should I attempt to collect a pet de...