Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Cassidy Burns
2 Tenants in a Quadplex Joining Alliances: How would you handle??
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...
Andrew Millard
Asset protection...does it even matter?
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
Kerry M.
HELP
We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...
Bill B.
To landlord, or not to landlord, that is the question......
Whether tis nobler to fix and flip to outrageous fortune, or to landlord and wade into the sea of trouble.....
....my apologies to the bard........
I've seen so many references to "burned out land...
Account Closed
When a housing bubble bursts, do rent prices decrease accordingly?
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...
Jamie M.
Keep & Rent, or sell into a strong San Francisco market?
New to this group, thought I'd post my current situation and see if others have opinions on it... My wife and I bought our first "starter" home in San Francisco (Eureka Valley - in between Castro and Noe Valley) 4 ye...
Tal Shachar
Replacing windows in a 120 years property
Hey there,
Hope I can learn from all the experienced landlords here...
I just had my inspection completed, for an investment townhome I'm interested in Baltimore, MD.The house is ~120 years old, and besides the expe...
Luka Milicevic
Would you take a tenant with a prior eviction
Had a tenant apply. Qualified on income and checks every box. Filled out all forms properly, and communicates very well. Has an eviction on record 6.5 years ago. If they applied 6 mo from now it would have not even sh...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...