We closed on our first house flip yesterday. It only took us 8 months (not our estimated 4 months). We made just over $20k. We borrowed from a 401k, convinced my parents to take out a home equity line of credit...and ...
I’m negotiating a deal right now that has a bathroom that wasn’t permitted. My insurance company told me it should be a nonissue for coverage, but I feel like without getting it permitted before a renter occupies it ...
Hello BP, my name is Brian and this is my first post! My fiancee and I have a rental and are looking for new tenants. I am curious on how people are declining tenants. I have gotten a lot of people with criminal re...
Hi everyone,I'm hoping to get some advice on whether I should charge my tenants a late fee. Here's the issue:Our lease states that the tenants will incur a late fee if payment isn't received after the 3rd. Our PM was ...
Hello,
I bought my first rental property out in San Antonio, Texas in 2018. I hired a property manager to help us out since we're located out in the Bay Area.
I've been getting repair invoices on a monthly basis a...
Hi BP! I own some properties in a small city in Ohio that is looking to institute an ordinance that would require a landlord to register each property they own within city limits. Along with the registration, the ordi...
Just bought a duplex and updating one of the units that previously had a heavy smoker. Tried to clean all walls, ceiling, floors, and cabinets with vinegar and even TSP. Bombed the house with odor eliminators and have...
What are some thought to buying a house/finding tenants/rehabbing or updating a house in the winter months? I am located in Indiana where the winters can get pretty harsh.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $450,000
Now performing as one of Colorado Springs biggest bedroom count AirBNB's. We decided to diversify the portfoli...
Anyone got a similar story?
http://www.justice.gov/usao/id/news/2013/dec/andersonskinner%2012092013.html
Here is an editorial about it expanding on what went on...
http://www.lewrockwell.com/2013/...