Samson Kay
6 Unit Apartment Building - Is a sprinkler (fire suppression) system Required?
So I'm looking into acquiring my next property. And I have one in my sights. A run down 6 unit. It needs some updates. But otherwise pretty good shape. But my contractor has advised me that in the great city of Low...
Meldeine Sipes
I think I'm doing my analysis wrong.
I recently spoke with a property manager/realtor in Las Vegas. She's been sending me listings of multis in Las Vegas. Most of them are super old and I haven't really seen any decent looking ones. I'm afraid to purchas...
Andrew B.
Finding the owner vacant property
I have contacted the county assessment office and I looked up records for a vacant home. I have a bank and lender who own the property but I have no way to contact then. One is Ocwen and the other is Wells Fargo. I re...
Account Closed
Cost of Rat Control
I looked through a few of the previous forums on rat control and found a few interesting stories, but nothing regarding professional costs for the treatments. One of my tenants reported a rat under her sink, we had a...
Yvonne Sheehan
Perspective on Spring Texas?
Evening all,
Would love to hear thoughts on investing in Spring Texas, looks like exciting things are starting to happen for this town with Exon Mobile setting up their headquarters in 2014. Bringing high employment....
Ray Egan
Purchase house through S Corp. and live in property?
Not to beat a dead horse but I’ve had some replies to my former discussion, which indicates to me that in my quest to find my first flip property, not counting the last two houses over the last 4 1/2 years that I hav...
Milton Rivera
Determining Leverage Levels
Hello BP,I was wondering how do you evaluate/determine your comfort level with regards to leverage. Typical SFH lender guidelines allow for (75-80%) leverage on properties and consider your debt to income ratio. Por...
Joe Colossale
Are condos worth it?
I have been looking for my next property and have an opportunity to buy a condo for below market value. Seems like a no brainer to buy a condo at a discount but I am worried about using it for a long term rental becau...
Ryan Swan
Pursuing judgement against evicted tenant
I recently obtained a judgement against a tenant who stopped paying rent. The total judgement amount is $2,556.00 with 4.25% interest compounding yearly. The tenant is long gone, but I'm wondering if it's feasible/wor...
Ersin Deger
How to locate an exact address of a past tenant
Hello,Soooo.. I need to get the address of a past tenant to be able to sue them in small claims court. My house is in Ohio... I have their rental application from three years ago, so I have their SSN etc. I know she f...