I would like everyone's valued opinion about the descriptions and wordage in listings. Whenever I see the phrase: "Prime for rent increase" I always wonder, Why hasn't the owner already increased the rent rates? I a...
Hi, I recently bought a property in San Antonio and decided to higher a company to run it for me. They managed to find a tenant very fast and rented it out. But when the tenants moved in they found a flooded house! Lo...
Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...
First year landlord here. I just found out that my tenant left the shower running all night while the bath was plugged. Water overflowed to the floor, causing damage to my unit. Not only that, this is a unit in a C...
Hi everyone,
I've been away from BP for a few months, out in the field looking for properties, running my own numbers, etc, etc.
I recently found a property that I am considering for a Student Rental and perhaps you...
Scenario:1 commercial prop owned by 5 peopleGoal: sell it to me but they each want to split proceeds AND use 1031 to go buy individual props.problem: not doing a single like-kind exchange it looks like they can't spli...
I am thinking of converting my 5 BR rental to renting rooms by the week. I'd like to hear from people who have done is successfully. How do you handle things like, keeping common areas clean, what to do when tenant...
Hi,
Just wondering if any of you would recommend putting tile in your bedroom rentals? I'm considering putting tile in the entire house for both my single story and two story.
I know some tenant would not rent, but...
While living in California I search for the best deals possible in California as a wholesaler. Is there a price limit I should consider for when it comes to it being realistic for someone to be able to buy a house for...
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...