I'm closing on a property in a few weeks in Georgetown, TX. I'm usually ALL about property management, but this property is in good condition, in a good area, and with a stable tenant that wants to stay.
I've self...
I close in 5 days on a 1927 beauty in Toledo, Ohio. REO will cost me $99k and ARV is $195k. 2300 SF, 3/2.5, 2 car attached garage.Previous owner installed PEX plumbing but didn't pull any permits. I'm nervous about...
Hello BP,I’m experiencing my first tenant turnover and I’m excited about the process. I purchased both properties with tenants so this is my first time screening and getting the apartment ready for new tenants. The pr...
Hello,I just had my first vacancy in a 4 unit apartment building that I have owned for about two years. It is located in Los Angeles, fairly blue collar, strong rental area a few miles west of USC. The building is s...
People in Michigan hate renting houses without basements. But then at one point or another they all leak. They all have a hairline cracks and you get that call.
What do you do? Do u spend thousands to waterp...
I need some small work done at one of my rental properties, so I have been calling some handyman to get an estimate. To stay organized I made a list of questions to ask each person I call. I thought it would be helpfu...
I've had conflicting thoughts about starting this topic, but figured that my real estate life is pretty much an open book anyway, so here goes...
My wife and I are in the process of designing our new house th...
Hi,I live in Texas and it gets HOT here... I have yearly maintenance done on all A/C units to ensure they are working properly. When an A/C unit stops working tenants will make this an urgent emergency. My A/C guy i...
First of all, I didn't start this thread to attack the professional tradesmen, but sometimes it gets to a point where even if you want to pay someone for a job, you end up DIYing the last 10% (or 25 or 50) of the work...