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A contractor friend was over today and told me this crazy story about a property he owned a few years ago. He was your typical accidental landlord after not being able to sell his primary residence and moving to a ...
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Hi BP friends,Ok, so I've been under contract with a turn-key property and just had the inspection completed. About 10 things came back and the seller has agreed to fix about half of them... noting that the others are...
Without being to terrible cynical here, I understand the demographic of what a renter is. Of course there are wonderful renters out there, and there are terrible renters out there too. The middle course or group, I th...
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Got my offer accepted for my very first property, which will be a house hack in a 4-plex. Current rents: A- Exp 2/29/20 $525, B- Vacant, C- Exp-7/31/19 (Will move into this unit), D- Long Term month-month $525. Budget...
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Hello My BP friends. I have a situation. I'm getting into the hotel investing scene and have a situation. I'm planning on building a franchised hotel in my market location and already have many of my "ducks" in a r...
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Hi, I own a 7 unit multi-family property in Cleveland Ohio. Recently I renewed my insurance policy. The insurance company sent an inspector after I started the coverage. After the inspection, the insurance company sai...
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Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...
Hi Readers,
Question for anyone who is currently receiving rental income - what are you doing with that money?
I have a multi-family property in NYC where I am cash flowing anywhere from $300-900 a month depen...
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Hi All, Im thinking of purchasing to buy and hold. Its a 3 fam. Two of the units have electrical heating. Ive read about the landlord pros and cons but was recently told that tenants will not want this rental because ...