I’ve purchased an abandoned adult car home and am going to be converting it into eight 1+1 apartments. Cheap property, huge rehab costs. It’s in a smoker-friendly state and the units will be about $550/month not inclu...
Im new to real estate and Im just fascinated with the number of money you can potentially make, i just really can’t figure out a way to enter investing
3 am Sunday a tenant smoking on the apartment porch carelessly discarded a cigarette and started a fire that destroyed the top 4 units in a 24 unit building. Fortunatley no one was hurt and the firemen saved the rest ...
Tenant signed a lease beginning this month. We had the electric in our names until today. New tenants told us they switched it into their names, energy company said that the tenant never called. Now the tenants don...
I am seriously looking at relocating my family to Lynchburg VA with the hopes that we will be able to begin our investment property journey. We currently own our own home in California and am use to staying away from ...
I have a question? I understand the 50% rule for the most part but am unclear about what expenses it includes. If you purchase a property and rehab it completely is it safe to assume your expenses will be slightly l...
Hello BP, I'M looking for advice on how to structure a deal. I'm a buy/hold investor and rehabber, and I just "hand shook" on a deal to restore my brother's property and help him rebuild his retirement income/legacy ...
Hey BP members.I had a section 8 tenant who did a lot of damage to my rental in Las Vegas.After complaining about the tenant to Section 8, they promised me that if I were to get a judgement against the tenant then the...
I have a tenant that pays on time each month, but does not keep a clean unit. I have a $650 security deposit for this persons unit, but if the tenancy were to end today, it most likely wouldnt cover the cleaning, pain...
A lot of real estate investors are worried about a crash due to the extreme market rises we have seen in both rents and in appreciation.I am not sure if I am an outcast on this subject but let me give you my advice on...