I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
I've been hearing a lot of chatter about another recession around the bend. I know no on can really make any predictions but wouldn't it make more sense to sit on my money and scoop up land and/or a 4plex once the ma...
Hello.I have a SFH that I recently bought. I’ve gotten different opinions from property management companies on the work that’s needed. I want to limit the work to make the place rent ready but not break the bank a...
I have a tenant who has an MMP card and is growing marijuana. It is not clear on the landlord rights to have access to the room. According to the law for the grow room, only the caregiver and patient should have ...
I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
I'm having a horribly difficult time finding contractors for a large project I need completed at my home. One of three red flags appear when I contact one:
a) They come and never follow up with an actual bid - over ...
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
I made a cash purchase of a SF hurricane Ida damaged home. I'm in the middle of the flip. Looking for forum feedback to help me understand if I've made a mistake or am on the right path still. All thoughts welcome, d...
Hi,I have a property in a different state that I trusted the PM company to take good care of. After two years, I've received 30 maintenance requests from the tenants, which seems like a lot. The PM company happily dis...