Ashley Wolfe
Are we asking too much of the seller?
Hello folks,We are in the midst of closing on our first buy-and-hold deal. In another thread, some of you kindly analyzed the numbers and we're going to get about a 10%-12% cap rate. Official loan documents are being...
Jessie MacDonald
Mold problem with tenants
Looking for any advice on what to do when a rental property has mold. Some info for you, we’ve owned this property for 4 years and have never had issues with mold in either unit until the current tenants moved in Janu...
JJ Chojnowski
Investing within a Self Directed IRA
Self Directed IRA AccountsHi, I'm curious about the pros and cons on moving my 401k monies into a self directed IRA Account. A couple of questions.1- If I paid (for example) two four-plexes in cash from my monies wi...
Mark Brogan
why tenants pay or dont pay
what is everyone thoughts on why they think tenants pay on time or why they they don't pay at all
David I.
Handyman fees too high?
Hi all Ive got 5 properties now, I usually buy them at 70% of value, renovate and then cash out for the next. I’ve got a handyman I’ve worked with for about a year now, he at times can be a little expensive but norma...
Zachary Miller
Liability/Insurance Question
Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord? From w...
Rich Weese
which is better, 1031 exchange or take the money and run
99% of the respondents will select 1031 exchange. If you know me very well, you know I march to the beat of a different drummer. I also like to play the contrarian.If I decided to part with one of my 150 unit apartmen...
Negar P.
Confusion in understanding the code in my city's ordinance
Hi all,
My new property is located at Mission Viejo, California. It is a single family home separated by its adjacent neighbors with masonry walls. I have been told that to convert an already existing window to a sli...
James Rader
Turnkey vs buying rent ready through a realtor
Hello BP,I live in Houston and am looking to buy my first income property. I'm planning to buy and hold and plan to use a property manager. I'm military and move regularly so I want a hands off investment. Naturall...
Yvette M.
? self managing
I have a PM, but will start self-managing in July. The lease by the PM gives tenants a 3-day grace period. I want to change this to no grace period -- rent is due on the first. Can I legally make that change?