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Folks - I previously shared my experience regarding the complete mismanagement by Reedy and company of my rental in Memphis, TN. I have now changed the PM to a different company but wanted to share that this has been ...
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Hi, I have a duplex in Boston. In both units I do the “rent by the room” model. Last night one of the tenants in the 2nd floor told me he had bedbugs and got rid of his box spring and mattress. I went by today and ...
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I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
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Would you agree or disagree?
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Recently bought my first rental property in Pennsylvania and sent the tenant a non renewal notice. About 5 days after she vacated I discovered fleas in the apartment. She had a cat which was permitted on the lease. ...
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If you spend any amount of time around me, you will know that I’m a pretty positive kind of guy. I don’t like to dwell on the negative, and instead focus on whatever positives I can extract from a situation. I think t...
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Simply put, why do real estate investors need to put their profits on something like a flip into a 1031 exchange rather than simply putting the profits into a new property and writing off the acquisition like a normal...
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A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
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Hello BP world! I have been considering writing an article on this topic for some time, so here goes. Full disclosure: I am an active real estate investor who has performed various flips and I own some rental propert...
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I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...