Jose Nebres
I'm looking to buy my first property (4 plex).
What do you wish you had known starting the process that you know now? Thanks!
Brett Stander
Contingencies for hidden cost?
Hello BP members,
Being locked inside and with few credits left, I have been spending a lot of time researching real estate. I've been reading, listening, and watching- basically any down time is split between these...
Kyle Nacci
Is it worth it to file a loss of rental income claim?
My wife and I own a multifamily and submitted a claim to our insurance company (Vermont Mutual) for a roof leak in May of last year. We've experienced frustrating delays throughout this entire process, and while we've...
Shawn M.
Repairs - Who should pay Tenant or Landlord?
I have a good tenant in my unit for the past 3 years. Lease is up for renewal. On recent inspection of the unit I noticed the screens on the back patio are all ripped. It appears the damage was caused by their cat,...
Dennis Tierney
Cost of Government Regulation
In the Nebraska legislature and the Omaha City Council there is movement afoot to impose a registration and inspection program for all rentals- Single and Multifamily. They would charge $50/ house and $20/unit per apa...
Virginia Jones
Paying down debt vs. continuing leverage
I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...
Jeremy M.
Inspection on REO property
Do you guys have a professional inspector go thru the property to see how much the repair will be before you decide to buy a REO property? do you do this before offer or after an offer? Or do you decide yourself how m...
Lynn Gadd
negative property- rent or sell in oregon?
We bought our 4th property. Let me start by saying each property we have, we have purchased to live in with the minimum 3-5% (First 2 FHA and last 2 conventional....) We had to move for jobs so we just kept them and ...
Dwayne Buckner
Mother of Bad Deals
I need a little help for the forum. Have a relative in Shasta California who has little or no experience in REI and wants to hit it big now that the market has fallen off. I'm seeing the numbers he's looking at and ...
Wesley Kuo
Tenant Is Not Paying (Southern California)
Greetings BP family,I anticipate my amateur story will bring harsh criticism, but I really need some help before the situation snowballs into catastrophe. Here it is:One of the tenants in my duplex rental in Whittier,...