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So I've been over-studying like I'm sure many newbies do, and I finally decided to just take action! On my way home I saw a for Sale by owner and just called him and extracted a massive amount of infortmation.I'm wond...
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My biz partners and I found a house on the MLS and used an agent to make a cash offer, which was accepted and we paid 3% commission. I don't mean any disrespect to agents, but we can't help but feel like the 3% was o...
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Hi everyone,We need help on a dicey situation that is only seeming to get worse. We have a duplex in Oakland, Ca. Bought it empty, carefully screened tenants, and they moved in. Upstairs is a woman who lives alone, an...
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Gas is really expensive for this time of year and the dollar is getting cheaper. Will the average hit $5/gallon this summer? If so, what will it do to our economy?
Edit: Title should say GAS...not oil. Hopefully o...
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I have a few rental properties as of now and I am looking to purchase another one in the near future. However since I became a member of BP I have read a lot about the 2% rule and out of my 5 rentals, not one of them...
Hi everyone!This is my first post here so apologies if i have posted in the wrong area or formatting is wrong or anything else, i'll learn i promise!I'm hoping seasoned professionals can give me a second opinion on ho...
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We had heavy rains for the first time since we purchased and rented a property to tenants. The roof leaked immediately above the tv and it was ruined. We’re having the roof repaired, of course. Are we obligated to r...
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So I’ve been looking at a lot of apartment buildings for sale lately. What I’ve noticed is that owners, each and every time are asking way too much for their properties. Without fail they are skimping on expenses, o...
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I'm not sure where to put this post - figured this would be the best place. As odd as this sounds more than likely for most of you, Wichita has been experiencing a large # of earthquakes that are mostly supposedly ce...
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Hi everyone, I currently live in minneapolis MN and my wife and I bought our first duplex back in july. It has a detached garage. It has a manual door and no electricity. We are trying to decide if we should upgrade t...