I want to teach my children the joy & power of saving money, as the first part to their financial education. They have piggy banks, but they can’t see how much money is inside, and half the money inside is paper b...
Hello BP peoples! First, I am a relatively new multi family investor. I have a duplex that’s on the market to rent and I keep getting asked if I accept Section 8 vouchers. This makes me realize that I don’t know enoug...
Here's what happened:
2 weeks into first month with tenants, the one who is the point of contact sent videos and photos of wire shelves in a small kitchen pantry not having brackets and was worried they weren't secur...
I just purchased my first rental. It's a single family home in the Dallas area. It doesn't need much work, but I have to replace most of the flooring and paint. I plan to replace the carpet in the bedrooms, but I want...
Keep in mind, this is a $150,000 home after fix-up, and is a complete remodel. I am trying to decide if it would be worth making one design change. This is an open room kitchen, a U shape. The fridge on the right, ...
Hello all,1st of many posts im sure.Im purchasing a 4unit building from an elderly owner.Her husband who recently passed away, never collected security deposits from any tenant.I don't know the reasoning, nor do I car...
Yesterday I received a call letting me know that my tenant was found deceased in one of my units yesterday morning. They lived alone. I spoke with a family member who said they are waiting on the examiners report and ...
What are the top three (or more if you're willing to share) types (regarding subject matter, i.e. water leak, A/C broken, etc.) of phone calls you get from your tenants?
Tenant called last night. Kitchen wall cabinet fell when wife was opening it. I went over there, and two, two-door cabinets were in the floor with a pile of broken stoneware, ceramic mugs, and glasses. Tenant (the ...
Hello BP Members,I live in Los Angeles California, and today I have completely got rid of all the debt I have. My question is “ now that I’m free of debt, what are my options to make the most out of my situation? How ...