Hi everyone,I am hoping to use this as a deal diary for our first storage shed investment. In June of this year (2019) my dad and I purchased our first self storage facility in Gainesville Georgia. We've owned a few r...
HI all, just getting started, looking for first deal. I found a MHP locally FSBO, it is 34 units over 7 acres, city water, with septic tanks which owner claims to empty yearly. asking $800k, brings in $91k/year, accor...
Hi,
I rented out my mother-in-law, which is slightly higher than market value. The lease is ending in a month, but I would really hope to keep the current renters as long as possible. They are just great renters. ...
Hello I just acquired 30 units (Multi-Family) in Minneapolis. I was informed that if a tenant is delinquent they have UP to 60 days before eviction. In Texas this is typically 30 days. My concerns are due to the neigh...
We have a property that we are looking to do some work on -- we are looking at some drywall work, flooring, and a few other odd jobs. We can do it but, life has gotten in the was and we dont think we will get it done ...
Hello,I just got a new tenant into a SF rental. They were great during the phone screening/showing and the background/credit check all came back good. However, now that they're in the home they keep pointing out the s...
Hey BP, I wanted to get your thoughts on property management. For someone who is just starting out and purchasing either a SFH or duplex to fix up and rent out, would you recommend self managing the property or lookin...
I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
I am staring renovations on a property this weekend.It's only a 1400 sq ft house in good shape and requires cosmetic fixers.I'm planning to rip up the lino and carpet and install tiles and repaint the entire interior ...
Hello BP community,My current tenants would like to replace the appliances I have in my condo. The appliances do work but they are old. She does understand that she agreed on renting the place with current appliances ...