Joe C.
tenant says he's afraid that his infant will cut her fingers on brand new radiators.
In 2015, i had radiators installed on the 2nd floor (bottom pic). In 2023, i had them installed on the 1st floor (top pic) at a cost of $1,000. They are from different manufactures. i got a new tenant in on Jan 1, 20...
Nick C.
Who is right? Poor Dad or Rich Dad's Son?
Here's the scenario:I'm taking the real estate exam in April and need your advice. I'm currently the owner of a small dog walking business. It's tough to scale and I'm stuck in it. My dream is passive income and an...
Verna Medlin
Seller Financing gone wrong? Any attorneys here?
This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...
Scott Le
Bad Idea to Flip First House Entirely from My Savings?
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
Joe Salimao
LLC's vs Umbrella Policy
Hi guys,
I know it has been asked in many different ways before but I am looking for a more specific answer. My question is: Why have an LLC when you can just get an umbrella policy for 'x' million dollars on your pro...
Kevin L.
tenant wants to paint
Coming up to renewal, the tenant is asking if he could re-paint the house at my expense because he doesn't like the color (only been 2 yrs since the tenant moved in). I told him no i can't pay for it. but he is insist...
Phil T.
Should I pay off my mortgage or buy rentals?
I'll try to make this as short as possible, but I've got a question I can use some help with. I've got an extra $900/mo or so right now that I'm saving to buy my first rental. My plan was to "snowball" the profit fro...
Josh Madigan
Gatlinburg STR Permit - Large 6br pool cabin - Letter from Fire Marshall
I own a 6br pool cabin that sleeps 20+ and am going through the process of adding sprinkler system to bring it up to code for >12 occupancy. However I just received a very concerning letter from the Fire Marshall ...
Johanna V.
Can tenants demand only licensed and bonded contractors? - WA
Hello BP - Anybody know where i can find the answer or have the answer? Property is located in Maple Valley, WA. Appreciate sharing your experience.
Jason Baldwin
Crime Rate - How high is too high?
I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to n...