Willow Baum
What Precautions Can a Landlord Take to Protect Themselves against the instance a Tenant-occupied Property Becomes Uninhabitable Due to a Costly Repair that Far Outpaces Annual Rental Income?
Let's say a sewer system for a single-family, low-income rental house in an economically depressed area of NY State, dies. Let's say the hypothetical repair costs $20,000, and monthly rents are $750. Let's say, for c...
Randy Frederick
4-plex in Richmond, VA
Hello BPers!Need some help analyzing my first potential deal:It's a 4-plex in a burgeoning neighborhood in downtown Richmond, VA. Lots of development going on with associated gentrification. It is a newly constructed ...
Taylor Green
How much should I change my accepted offer for recently unoccupied units?
Hi,
I have had my first offer accepted on a 6 unit (2 tax parcel) "fully leased" property. After my original offer was accepted, the seller informed me that two tenants are moving out in 4 weeks. I wasn't abl...
Cory Childs
BRRRR Success Story Janesville WI, 53546
Currently on the final process of my first successful BRRRR, the repeat!My girlfriend and I purchased this property at a sheriff sale auction in Janesville, WI on July 2017. It is a 3 bed, 2 bath, probably a c+ neighb...
Terry T.
Investment property near university
Hello all,I really need some advice from you! Please help.A little intro, My name is Terry, currently living Winnipeg, Canada. 26 years old.Ok, here we go, my friend is selling a rental property near university of Man...
Michael K.
Bi-Weekly Rent Payments
Hey everybody, I just had a crazy thought and I was wondering if anyone has tried it. That is, since most people get paid on a bi-weekly basis, has anyone ever tried offering rent payments being due on the sa...
Mark Davis
Title Insurance: do you need title insurance on a BRRR
My brother and i just purchased a house at a tax lien judicial salethe judicial sale in chester county is such that is supposed to be free and clear of all liens.currently, there are some municipal liens against the h...
Jennifer Wood
Best Way to Fund Reserves
We have the opportunity to buy 12 single family units that are already rented through a portfolio with seller financing. We are still in the early stages of setting terms and we are out of state so haven't seen the p...
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
Newbie investor here, apologize in advance for the long post.
I have a house rented for $2k/month for 3 years. It is a 3/2. We are currently in the third year of rent. I have not increased their rent (although I shou...
Jason Porto
Reserve Fund Contributions
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund. I'm getting t...