Andrew Fidler
Toledo Lead Ordinance Update
Alright we have had a significant update on the Toledo Lead Paint Ordinance and wanted to post the details for those of us who own property in Toledo (or Ohio, we have several municipalities such as Cleveland, Columbu...
Moncy Samuel
Tenant complaining about asbestos
Hello BPwe have a unique situation. We are in the process of changing one window (due to rotten frames) of our Quadruplex Built in 1986. After removing the window, the tenant started raising concerns of exposure to A...
Jim Mootrey
Mold: How much to discount?
I am in the due diligence period on a short sale. The inspector found mold in multiple places in the finished basement. The house has been empty since July and the utilities were turned off. I think that is the ...
Ben Bakhshi
How to price deals?
Considering selling some homes to my network.
Some are rented out, some are being repaired but not rented yet, and I would also like to help these people with traditional wholesale deals by helping them make the purch...
Ton Ratana
Can I use my LLC to manage rental properties it doesn't own?
I just got my first rental property, the mortgage is under personal (myself). I then started an LLC to do property management on it.I plan to use this LLC as a landlord to do contracts with tenants and collect rents,...
John Paul Schreiner
Turing around a family owned RV/Mobile Home Park
My grandfather has owned a small mobile home park since the 50’s. It is failing along with his health. He has 13 metered pads with 8 currently being rented at $300 per month. He also has enough undeveloped land on the...
Taig Blum
Would starting out in a duplex be a good start?
I’m 21 years old and plan on using a VA loan to purchase my first home. I’m looking at buying a duplex and living in one unit and renting out the other. I hear this is a great way to start out and really save on some ...
Austin Shively
Bank count for Forming an LLC with Partner
Hey there BP people,I am in the processing of forming an LLC with my father to buy and hold rental properties. I currently have 2 properties in my name but the next property I buy would be under an LLC (In North Carol...
Liz Forrester
Costs & Tips for Land Development
I'm a local realtor and own a few rental properties. I've noticed some large pieces of land for sale recently that I'd love to be able to purchase and subdivide. I have no experience in it, so I'd like to start gettin...
Doug French
How much cash do you keep on hand?
How much cash do you keep on hand per property? I am involved with a risky family business, and consider my side REI as less risky...so I tend to be more conservative with my rentals. have kept a small reserve for rai...