BP Real Estate Podcast producer here.

If it his/her opinion that the smell is a result of smoking in the unit, it may be enough to have them sign something like a report saying it is their profession opinion that the tenant is smoking in the unit.

It’s not that these expenses aren’t important—they should absolutely be planned for even if the property isn’t producing extra cash monthly.So no, you’re not misunderstanding—it’s just that the guest may have assumed investors in this strategy are prepared for such expenses through other means, like savings or planned reserves.

This deal highlights our expertise in identifying undervalued properties and delivering fast results for maximum profit.

Now, probably after a long and drawn out court battle, a plaintiff can probably get the lien removed as a “sham”, but a cursory examination by the typical plaintiffs attorney would probably not produce that conclusion.  

This outlook is reflected in the prices resulting in poor initial cash flow but historically great long term cash flow. 

The net result is basically the same, but it keeps the two properties separate from a lenders perspective.Any low down payment money, particularly on an investment property, is going to come from a private money lender.  

The result is an even deeper inflation than what we already suffer from.

You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.

Also, now that garnishments are being filed, any money Blacktip receives could end up going to somebody unrelated to your project, resulting in more liens for you.Protect yourself.