The importance of a good team is mentioned over and over again. The reasoning behind it makes total sense. For a first time investor when is the best time to bring on those team members? Our goal is to initially do...
So, I've come across something I hadn't contemplated. I have someone that is interested in a vacant unit I have that meets the minimum income, seems to meet the minimum credit score, but robbed a bank 5 years ago, ser...
I have a tenant who has called repairmen (which are then charged to me, the landlord) on a number of issues that are really just common sense. The most recent was filing a maintenance request because the toilet wasn't...
Hello BP Community. I have enjoyed this site for months and this is my first post. I have a house in my LLC that was paid cash. I have owned it for 8 months and the listing just expired with no sale. I was contact...
Hello All,As I continue to deal with a difficult retail tenant in our family’s retail center, I wanted to get some input from the community as to what route, you as a landlord would take.Details:Property Type: RetailC...
I am working on a project for BiggerPockets (stay tuned!) that is requiring me to estimate Capex (which for this exercise includes maintenance) across US cities. There is not too much data to go on, simply the median ...
Should effort be placed in a baseline business plan to determine the best option to start in for this field?
Hi there, one of my properties in Washington DC has a leaky garbage disposal. I told the plumber to go check it out and if he can fix it great but if he has to replace it then to just remove it all together and not re...
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...
Hello everyone I'm a newbie to this whole marketing aspect, my main goal is to wholesale or use other creative methods to getting deals done.
My focus right now is pre foreclosure since the info is free and that I c...