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New tenants who have already made a deposit and signed a contract are now asking if we'll be flexible if they lose their jobs in this new COVID-19 environment. My first thought is that they can sell their contract, b...
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This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
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Hey BP Community.I have been in the RE game for around 5 years and it's going really well.I own 5 properties that equal 9 units now that I rent out furnished and usually shorter term (1-4 months).I manage the places m...
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Buying more real estate may increase your wealth faster, but at additional risk. Once you have money, even if just over a million, could it be better to reduce your risk rather than adding more risk by going into more...
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Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...
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This is an article I wrote a while back. Perhaps some of the funniest stuff I've ever written. This has been making circles on Twitter for the past few months :)Please enjoy!https://justaskbenwhy.com/2015/08/13/how-to...
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Hey BP gang, was hoping to purchase a house hack in the Baltimore area and just talked to my first lender. They informed me that the money I would owe would twice as much as I expected because I had not accounted for ...
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Would the rate at which a 2 - 4 unit property appreciate be more than a 20 unit property in the same area? I presume that there would be a lot of buyers with an appetite to buy a 2 unit property (i.e high demand) but ...
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HUGE change for landlords in Columbus - Franklin County just removed access to hundreds of thousands of eviction records! Anything older than 3 years will no longer be viewable online. How will this affect your tenant...
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I started out with a credit score of 790 when I bought my first rental. In 3 years, I've acquired 4 more, and my credit has dipped with each loan, and is now at 710. I have no debt except for these loans, and no credi...