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In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
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We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...
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First of all, I didn't start this thread to attack the professional tradesmen, but sometimes it gets to a point where even if you want to pay someone for a job, you end up DIYing the last 10% (or 25 or 50) of the work...
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BPers, I just officially underwent my tenant from hell experience and must I say I am completely EXHAUSTED. I have ASKED MYSELF "is this business even for me"? I'm just wondering for all you landlords out there, how d...
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My average CF on a 3/2/2 SFH in southeast Harris County worth about 160k - 190k, at 75% LTV, is about $300 month. That $300 month is after PITI only, actual CF after repairs, maintenance, PITI, and vacancies is about...
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Hi Everyone,
I'm currently active duty military about to move to Colorado Springs in the next 3-6 months and I think I'm ready to make my first investment. Over the past several years I've tried to educate myself on ...
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So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...
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Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
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Hello BiggerPockets community!I recently received a quote to paint the entire interior of my recently purchased home. The home is 1500 sq ft, 3 bedrooms, 2 bathrooms, and was built in 1979 with a wood frame. The quote...