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Hello,
I wrote a lengthy introduction and thought it posted. Id did't, so now I have to start over. In short, I am expecting my lawyer to call anyday now with a settlement from a False Imprisonment and Arrest I su...
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Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
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I have one SFR where I am currently doing the management. Every couple months I make an appointment to pick up the rent in personal and do a very quick visual inspection on the property. I also drive by a couple tim...
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I am trying to learn more about Section 8. I know that it is guaranteed income because the government guarantees it. However, what are the chances that the tenant trashes your place? If they mess up your place then...
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We are accidental landlords who rented out our house in a middle/upper income neighborhood for 6 months to get through the winter and then put the home back on the market for sale. We have an inspection clause in ...
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Is the midwest looking to you guys as a great new place to look? I know the cost is on the low side for houses. BP podcast has talked about it a ton in the last few months. The rents are still close to the 1% rule. Bu...
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All:I'm about to begin the annual update on my lease for my student rental properties. What started out as 4 pages in 2006 is currently 17 pages long. And I expect it to fill 1/2 of the Library of Congress by the time...
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I have a kind of an odd questions for fellow landlords or if anyone is in the insurance side.Last year when Irma hit South Florida, I suffered quite a bit of damages on a number of my rental.A particular one is a mult...
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Hey BP,I am a still a newbie to this website, have been lurking around for a couple months now taking in tons of information. I have decided that my first investment is going to be a multi-family, with the intentions ...
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Tools you can go without and use regularly?Hello Everyone trying to put together a toolkit for housewarming gift to a friend to reduce maintenance issues. This is more of a survey, give me ideas! (Ex: Garbage disposal...