I flipped my own house with a REALLY massive remodel (even changed layout and added a third floor) in 2008 and cleared $50k on that after the crash. I've been on the verge of investing in rentals several times since ...
I have no evictions yet, but someday I know it will happen. What do you guys do to keep ready for one? How do you prove the tenant isn't paying now and what evidence to you keep to be ready for one. Can anyone walk...
I came across a "for rent" sign, called, and subsequently rented from a guy after he agreed to repair some things, or pay for items and I'll repair them. The apartment looked rough upon initial inspection, but appear ...
I have been a member on the site since September of 2013 and I have learned an amazing amount from the site and I thought it was time to try and help others out. I have read a lot of the different Diary forums on B...
I'm starting a remodel of a SFR and want advice on the roof. The roofing will completely be redone but I am not sure what shingles i should use. The 25 year ones are about 400 dollars cheaper. This is a fix and flip. ...
Do you use QR codes to advertise your rentals?I started to experiment a bit with it as a way to point them to a web site with more information and details.As you know, if you use Postlets or any real estate web site t...
Hi everyone. I'm looking at a 42 spot, 100% full, mobile home park that checks out financially at 8% cap rate. The financials don't bother me at all. However, we just drove through it and the trailers are for the most...
So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...
Hello BP,
I am new to investing and currently looking into purchasing my first rental property, four units. I am not sure what the first step should be. I plan to call and have the property inspected to see if there ...
Short version - if you're water heater doesn't work and you're boiling the water so you have hot water...is there something I can do or buy to make my tenants lives a little easier?
Back Story -
Its the...