Shane Benner
House with Railroad(tracks) behind house
I have a question that I would love feedback on. I have found a property (3 bed / 2 ba SFR) that I have the opportunity to purchase for $150k and it will rent (great school district and highly sought after area) for ...
Lucas A Davidson
Landscaping and Adding Equity
Hello there!I'm eyeing a potential new brrrr. I have my full estimate from my contractor forthcoming, but am asking about landscaping and just how much equity can I really expect out of "minimalisation" of it.The home...
Jesse M.
Need advice on our current situation!
Hello BP members, I am looking for some perspective on a potential real estate transaction. My fiancée and I are in the early stages of REI and are focusing on learning the fix and flip strategy. We are currently rent...
Ramon Moreno
what legal docs should be required when lending private money
I was asked if i would like to be a private lender on a flip and im considering jumping in on the deal. Im just wondering what legal docs i should require.
Bienes Raices
Lead paint and rewiring (rental built before 1978)
I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I ...
Manuel Sarabia
What happens if my apt building burns down and someone dies. How screwed am I?
Just saw on the news that a nearby apt from mine burned down and resulted in one death. Sucks for all parties involved but now its got me thinking it could happen to me. I have the place insured but something tells me...
Morgan Klein
Tenant wants vape clause removed in contract.
I have a new tenant that wants to vape. My PM has a no smoking/no vaping clause in her contract, and he (tenant) wants the vaping part removed. Does anyone have any experience with tenants that vape? Will vaping ca...
Adam Briley
Buying rentals near new construction apartments
Hi, everyone. Quick question: What are your thoughts on purchasing a rental property in an area that has new construction apartments going up? The area seems to be on the rise, but I’m afraid that a rental property, ...
Tamara R.
House next door caught on fire...
I own a rental townhouse and the house next door caught fire on the second level. Our tenants notified us and we went by to take a look---they were concerned about the smoky smell inside their home (our rental proper...
Julie Kern
Rental Property Safety Checklist
Does anyone know where I can find a comprehensive checklist of safety-related items for rental properties? This is a list that I have come up with along the way (some of these came off the inspection report):Inspect/...