I recently bought a property from a tax lien auction for just under $4,000. From the pictures of the outside it looked ok but obviously needed some work. It was a small 2:1 with a shed for a garage. I had drove and lo...
What is a good amount of cash reserves should I have for maintenance and unexpected expenses of each rental property?
Greetings landlords and investors. This is my first BP post. I just found out that the city council in my little town of 3k people is having a meeting tomorrow to make landlord registration mandatory and implement ins...
Looking for some insightMy mother lives in a home built by my great grandparents, she is getting older and can’t afford repairs. She has offered to put the title in my name if I take on that damage. Some background on...
Hi Salt Lake or Utah landlords,
Just wondering if you are planning to increase your rent or have you already increased your rent this year based on the local market condition? If yes, what's the percentage increase a...
I currently own a condo I bought in '09, which is underwater. My fiancee and I are looking at larger homes and are pre-approved and bidding on an REO to make our primary residence.
Other forum members have...
Hi all,I'm looking at a prospect that has a fireplace chimney that's separating from the house. It has pulled away 2 inches at the top, towards the roof. It has some issues that'll need repairing, along with the sep...
In an effort to motivate my fellow Baltimorean investors to get out there and revitalize the city, here's a deal from 2015. Based on a person-to-person referral, the duplex (the unit on the left) was bought from an in...
Landlords- Would you consider it a valuable service to receive a periodic report, summarizing the condition of your rental property, along with pictures, right to your inbox? This could be a simple drive-by exterior i...
With prices so high is it possible to have positive cash flow in the bay area?