I just closed on my first rental property which is a triplex in the Greater Philadelphia area. All three units are occupied with only two units paying rent. The third tenant who is not paying rent also happens to be i...
There are three issues around water utilities work that don't make that much sense to me. These issues are likely to get much worse due to the lack of investment of in water infrastructure and climate change in the co...
Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
Hello BP! Looking at a wholesale deal in Baltimore city (21213). It's a townhome in pretty good shape on a good street in BelAir-Edison (Pelham). Wholesaler wants $39K cash to close. No contingencies.Question: I've ne...
I'm reflecting back on a situation that happened over the last several days and trying to ensure that I properly identify the lessons learned. I'll lay out the scenario below, and I'm hoping you all can provide some ...
My former property manager, Davis Property Management South (managers and owners of the property management company are Sam Davis and Eddie Davis (his brother) whom I found here on BP) stole my money and my tenant's m...
Me and my wife just bought our first rental property last month and have gotten to the point of putting a tenant in place already. Unfortunately within a week of moving in we are getting hit with a work order of ~$300...
I talk to many seasoned investors and it still amazes me how many people are paying for motivated leads. No one is waiting for a cold call or a mail in the letter asking them to sell their house. When people have a pr...
I am soon moving to Tampa and want to start what I want to make my REI career there. I have been looking for deals on-line, dealt with several RE agents who after a while give up helping me.I read articles about crea...
I’m new to commercial real estate and am looking to see if it offers any opportunities in the current market, which I am assuming to be somewhat over-bought. Can anyone tell me what is the most reliable price index us...