Have a rental property in Phoenix metro area. Rents have risen quite a bit in the past 3 years and i have not increased their rent but am considering raising it when it comes up for renewal this spring. How much sho...
Hello, my wife and I would like to purchase a home as our primary residence (currently renting) that will eventually become a rental. At the same time we are seeing several opportunities for rental properties that we ...
Hi guys, I am searching for a house hack in my area. When I run the numbers to see if it cash flows, should I run it while I am living there or if I should run it like if I wasn't moving there, (like when I move out e...
I always enjoy reading the passion, creativity and energy a lot of people have on here but I don't often read about the downside risk that is very real in REI. I was just curious - how many people do a risk management...
Here is the story. My tenants were 2 days late on the rent, when I texted them with the unavoidable question I got a reply "Hi, I sent you a memo back in June that we were leaving mid. August "What??? I never got any ...
Hey BP, So I recently opened escrow on a property that I was able to secure seller financing on. The financing and numbers are structured like this: ARV: 250k Purchase Price: 210k Estimated Repairs: 10k-15k. Avg. Ren...
We just purchased and closed on our house on may 9th. Four days later we are having HVAC issues to the point where we need to completely install a new system. Does anyone have any advice on how I should move forward? ...
Bigger Pockets put out a list of things that Property Managers should do for the owner. One of listed items is paying for eviction costs because they picked the tenant. Is there a company in Fort Smith that does this?
I have a town home rental in the northwest suburbs of Chicago. Last night there was a violent storm and my basement window caved in, and violent rain crashed the windows and did considerable damage to the basement.
...
I’m in the process of purchasing 2 properties both are Duplex and all 4 units have tenants. I’m currently lost on what type of insurance to get. I currently use Liberty Mutual for my home. However I’m hearing things ...