Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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Hello BP,I have read that for multi- family, sometimes it is better to find the money BEFORE you find the deal. I also know there are some SEC regulations when it comes to raising money for deals. In your experience, ...

Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...

Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...

Hey BP'ersI am starting in REI via Turnkey route. I put an offer on the house in Cleveland. On Saturday I received the inspection report and few items made me think, WTF kind of TK job is this? Here are the items of c...

Dear fellow Idaho landlord,
 I was contacted tonight by Senator Doug Ricks to see my thoughts about a bill idea that Senator Rabi is trying to put together that would hamper landlords. The bill idea includes:
1. M...

We run background and credit checks on our tenants. The first tenants that applied for a place we have for rent were section 8. We have developed a policy that we do not accept tenants:- with misdemeanors less than 8 ...

I have a tenant  has allergy problems.  He moved in a week ago and immediately after moving in he complained about not being able to breathe because "the air ducts needed to be cleaned".  After running the HVAC for a ...