Hello BP I recently bought a 8plex and 2 duplexes for 200k. it was and is currently fully rented out and I get 4600/mo. after all expenses I get around 2500 cash flow. I used the no money down way(actually it was abou...
I have looked at invested with Mid South Homebuyers. The proposed cash flow appears to be good but I think that the numbers seem to good to be true. Am I just being pessimistic or have I just found a great deal? p...
Hi All,About two months ago my tenant noticed a leak and damaged tile in the bathroom. We brought in a repair man plus the HOA brought in their guy, and finally found out that a common water line was leaking several u...
My kitchen is L shaped. There are 2 bottom cabinets along the long arm, a corner sink, with the dishwasher to the right of the sink. The dishwasher leaks, and has damaged the bottom shelf of the cabinets. can those bo...
As titled, I am new to the property rental scene. I am ready and will be starting with property number one sometime, hopefully, quarter one of 2025 with a possibly 2 bedroom and 1 bathroom single family home; as this ...
Hello all -
In the past, have never rented to anyone that needs Section 8 housing but am now contemplating whether I should consider it because of the guaranteed payments from the government. So I am looking for you...
Hi, my tenants complained the fridge was not working so my PM got the fridge repair company to get a diagnostic and the total bill is $375. Is this a hefty bill to pay to get told the tenant's fridge not working? Then...
Hi, I am looking at purchasing a house that is in rough shape. The house is listed at 33K, 2 bed, 2 bath, $1430 SqFt. After myself and a trusted repairman inspected the house, we concluded that it would require appr...
Hi BP,
I've been managing my own rentals locally for the last 4 years and believe heavily that the burden of doing it myself outweighs the cost of paying a property manager. I have six SFH's that are occupied 98% of...