Chris Heeren
Security Deposit when Evicted
I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
Dave G.
What's the deal with Replacement Value?
I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure. 1st I ran it online and it came to be ~$6k/...
Drew Smith
Refinishing Hardwood Floors
My wife and I bought our first rental house. Wow the place was a wreck but the more people I am talking to it seems to be the case when you purchase something off market. My question is the wood floors they are origin...
Account Closed
New Investor from Emeryville CA looking to invest somewhere else!
Hey everyone, my name is Chuck and I recently moved to Emeryville, CA from Philadelphia, PA. I'm originally from the small town of Williamstown, NJ (South Jersey). I work in Corporate Finance in San Francisco after ...
Nicholas Alves
LLC vs. Umbrella Insurance on Rental Property
Hello all! Just closed on a property i will be using as a long term rental and am getting ready to rent out my condo as well (Im moving to a new condo). What should I do in regards to having both rentals in my name v...
Elihu Bogan
Jacksonville Deal Analysis (in due diligence)
Hi BP! Long time reader, first time poster. I have a deal under contract that goes against most of what I've been taught from Frank & Dave, Jefferson Lilly and the other experts, but I can't shake it so I'd like s...
Chris Bounds
Direct Mail Campaign Results - Comments & Suggestions Welcome
Hey everyone. I did a lot of research on BP about direct mail before I started my own campaigns last November. I figured some people might get some value if I posted the results so far. I'll appreciate any comments o...
Jordan Forbes
Questions about this deal I want to get under contract
If I wanted to get a house under contract it was listed at 110k needs 60k or more RC And fully updated would sell for maybe 170k low 200 how much would the profit be for the real estate investor and how much would be ...
Larry Wilson
Deciding between me paying for water or tenant paying
I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent? What...
Dominic Richardson
Does anyone invest in Cleveland Ohio?
Does anyone here invest in Cleveland Ohio? Looks like houses are fairly inexpensive. Is there a reason why?