Matt Crow
Need hand on a potential deal
Thanks in advance. This seems too good to be true so I need some insight.3 family for sale for $359,000. Verified that it's fully rented for $3500 gross/month.Tenants pay all utilities except trash removal at 900/year...
Colleen F.
Why applicants decline an offered apartment
I just had four consecutive applicants apply for, pay for their credit check, pass screening, and then decline an one bedroom with den apartment.. (This is why I don't pay for the credit check). Here were their r...
Suzanne A.
Weird particle board on walls-what would you do?
Hi all, I saw a house for buy and hold that is in really good condition. Wouldn't need much updating (except it needs a new roof). The problem is that 50% of the walls in the house are covered with particle board (li...
Will Gaston
ADA Requirement on a smaller office building?
All:I have a potential tenant who is looking to sign a 3 year lease for my first commercial property , a ~2500 SF office building that is over 100 years old. I've done ~50k in renovations and it's in great shape. But ...
Alex Hogle
Out of country tenants not paying rent! HELP
These tenants are from Saudi Arabia and are here for college at UTEP. I have two tenants in El Paso, Tx renting a home from me. They owe just under $2k not having paid rent on the first. They have dodged me for the pa...
Tonya F.
Tenant / Lease
My tenant has at least 4 extra people in the property that are not on the lease, that totals 9, she just signed her lease this month.
Aaron Gorum
Should I upgrade the master bath on my occupied Rental Property
To start, I have great tenant that have lived in the house since Jun 2015. They always talk about how they love the place and don't want to leave. They have never been late on rent and treat the home as their own. The...
Rick L.
What financing strategy to utilize to acquire properties?
In the past I utilized an FHA loan to purchase my first investment property which is a 4-family I also live in. My most recent acquisitions have both been duplexes that I acquired using a HELOC and funding minor/mode...
Johnson T.
Trying to make sense of the numbers in DFW
Dear all, I am an out of state investor, trying to really get invest in the DFW market. My agent direct me to Denton and Collin county, in which I think is a great location. As i do my calculations, in which i put 6% ...
Greg Gangle
To update Knob and Tube... or not?
Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...