I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
I cannot believe the day is almost here. Tomorrow, December 5th, I will retire after 20 years as a Physical Therapist. Most people would say "I can't believe you're just leaving that career!" Yes, I received a B.S. in...
So I know this situation is probably not unique but also probably not entirely common. I plan to seek help from both a tax professional and a lawyer but figured I would see if anyone on BP has any information or know...
Tenants signed a lease with understanding that no pets were allowed. A few months later they asked if they could have a pet and the answer was no. I went to property to fix a sink and the tenant had a dog outside. I ...
Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
I handle the bulk of my own local background checks for free, although when I get a good-looking applicant who has spent a significant part of their lives somewhere else, I use and highly recommend TransUnion SmartMov...
Nice B class Duplex in A class location, $100,000 short sale
Units rent $1500/month total
FAILED septic
What would you do? Is this a red flag, or an opportunity for someone willing to put in the work?
Discuss :)
Hi BP,Quick question: Would you rent to a tenant that meets all other criteria for your rental but has filed bankruptcy in the last 5 years??Thanks.
I posted here a few weeks ago about a problem that I was having with a Section 8 tenant. For those that don't know my situation, here it was:
I had mold damage in an apartment and a tenant that had complained to the...
My husband and I are DINKs with a plan to retire early, well go to very part-time, that seems too easy, and I'm hoping the experts (you!) can help us vet this plan.I'm 39 and my husband is 46. We live in Austin, TX an...