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Very soon I will be beginning the process of purchasing my first REI property.
Important back-story information:
I have a full time job as an engineer and currently work in Colorado. I will be purchasing...
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Hi, my name is Jason and BP is the best thing that has happened to me through hard times. I got sick and had to miss work for... 8 weeks now. Found BP about 3 weeks ago and I can't stop reading forums, watching YouTub...
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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
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I have a duplex with long-term tenants who pay on-time every month. Problem: water bill has quadrupled for each of the last four months. Nobody has an answer. Each reports no leaky faucets or toilets. Upstairs tenant ...
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Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...
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Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
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Hello all,I'm Dylan from Minneapolis, MN. I am currently a student at the University of Minnesota and a marketing intern for the commercial real estate company Brisky Commercial. Through this position I have really fe...
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Hey ya'll I am looking to get my first property and will be house hacking it. My question is whether I should let the tenants know that I am the owner of the property or tell them I'm just a manager.... I've heard nig...
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I'm a huge fan of durable flooring for rentals. (I won't do carpet.) My personal favorite is porcelain tile as it's practically bulletproof and aesthetically acceptable here in Texas. Sometimes, though tile is not a...
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Hi all -- looking for some advice. My tenant has been complaining that there are cockroaches in the unit. When I purchased the property, there weren't any. I do inspections about once a month and this tenant isn't the...