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13 September 2024 | 1 reply
On new builds the maintenance is lower but there could still be damage.
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15 September 2024 | 15 replies
You probably recoup the 5k in ARV, but Old North Milwaukee is an economically challenge neighborhood, so manage your expectations.Avoiding frequent turnover, tenants who don't pay, damage property or cause other issues is the name of the game to achive long term profitability.
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13 September 2024 | 1 reply
Hello BP community,I'm a landlord in California, and I'm dealing with a situation where my tenant is refusing to pay rent for the time during which mold repairs were being done due to water damage from a neighboring unit.
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12 September 2024 | 7 replies
Would you charge damages from the security deposit?
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10 September 2024 | 8 replies
If the condenser is getting choked with seeds, leaves, and other debris, that will severely limit the air flow which actually can lead to overheating of the system.
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9 September 2024 | 10 replies
Look for signs of water damage, like stains or discoloration on walls.Roof problems are also common.
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8 September 2024 | 0 replies
Hello AllWe suffered fire damage about 2 weeks out from listing....less than 5 hours ago.
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12 September 2024 | 2 replies
Any recomendations for an attorney to file suit against seller who did not disclose known foundation damage?
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13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
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11 September 2024 | 3 replies
I’m thinking this duplex has air b&b potential since it’s pretty close to the chiefs stadium otherwise it would be a long term rental any ideas would be awesome!!!