Hey BP members, Does anyone have any advice on hiring a property manager? I currently manage 16 doors myself, all within a 10 minute drive from each other. (I do everything). I looked into a few property management co...
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
So I have been wanting to invest in real estate for a while now, as it is part of my retirement plan. Been waiting for a good time and have finally decided to pull the trigger. Worked quite a few numbers, and found a ...
A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
I have a tenant in one of my $500/month 1 bedroom apartments that I recently gave a 3 day notice to. Normally she would have gotten it much earlier in the month but she told me at the beginning of the month that she ...
So we found no weapons of mass destruction in Iraq and decided to go to plan "B" which was to reconstruct their government. Now we have a possible real threat in Iran. Is it real or is someone crying wolf again? Ca...
For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
I finished a BRRR in the Smokies- now I’m short term renting it out. Losing money but created a ton of equity.
House is amazing and I want to hold long term but hemerging a bunch of cash right now.
What do I do?
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Hello everyone,I feel like maybe I’m being a softy, however I wanted some input from the more experienced landlords out there on how they would/have handled this situation.So recently I closed and owner occupy on a 4-...