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...
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...
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...
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...
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 (...
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...
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 ...
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 ...
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...
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...