Anne H.
First Rental- Should we set up an LLC?
Hello,
We are buying our first rental property in MN and are feeling a bit overwhelmed with all the info. We have learned a lot though so far through these forums! What we are currently not sure of is if we should be...
Maria D'Aura
show me a multi-family meeting 2% rule
I've been looking at multi-family properties where I live in CA and out of state. I haven't found a single one listed for sale that meets the 2% rule. Do they exist? I'd love a link to one of these unicorns just to se...
Rick L.
How do you haul large items (lumber, appliances, cabinets, etc) to and from your properties?
I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
Ronald Wallis
Grant Cardone's idea of "Never buy just one door"
Good day all,I have been educating myself to exhaustion lately about Real Estate, mainly reading, listening and watching Grant Cardone. One of his biggest statements is he is 100% against buying just 1 door. His reaso...
Jill F.
The police just called... my 25 year old tenant died (overdosed)
I can't imagine calling his poor parents... he was found by a friend that told police he was staying with tenant (without my knowledge). The police/coroner had taken his body out before they called me.I feel just terr...
Sam Leon
Seeking advice on a pedestal sink "trim board" idea
I would appreciate some input on an old 60s bathroom. It is a rental apartment and I am reworking some plumbing behind the walls.This is a picture of the bathroom. As you can see ugly teal 4" ceramic wall tiles, whi...
Robert Richardson
Our first rental property, a work in progress
My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
Dylan Barnard
Planting a Tree in the Backyard of a Rental
My friend who also invests in another market in Texas suggested that we plant a tree or two in the backyard of our new rental, says it is little cost now for a good return later. Thoughts?
Elenis Camargo
To those inheriting tenants, don't make this rookie mistake!
Hi BP! I wanted to share my rookie mistake. We have purchased two SFH with inherited tenants. The first was in February and the second this past month. While we were closing on the second rental, we did a new lease fo...
Chan K.
Hot Water Boiler Broke - Tenant Seems Ignorant of Landlord Consideration
Hi BPer,I would consider myself a decent landlord, where I would address every issue or concern that my tenants have. Recently, my hot water boiler broke, so this issue negatively affect 2-3 units in the building. Two...