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I started managing my own properties (with a handyman's help) because the management companies I first hired were terrible. Plus I could use the extra money. The problem is now I sleep poorly. I often wake up with ...
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Hello BP Mates,
I have a SF rental in Mesa, AZ currently occupied until next October and will have around $120k in equity by that time. CAP rate and R:V is not great, but appreciation is fantastic.
I was thinking of...
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I was given a 60 day notice to move out of my rental home (be out by by Aug 31), as the owners were soming back from China and moving back in . I started moving my things over in to my new home 10 days before that dat...
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I am a beginner looking to buy my first single family rental for cash flow, but my local area of western Oregon has higher prices and potentially lower cash flow. I am interested in out of state investing, but seems l...
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Before I proceed with my blog I want to make 2 statements:1) I am politically neutral. I am not red or blue. 2) I truly feel bad for people going through hardships right now.With that said, prior to COVID, real estat...
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Economic Update(Monday, February 8, 2021)
Have you ever wondered who originally handed out area codes? For example, why did Vermont get 802 and Southern California 213? Listen closely because the a...
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I got the inspection report for a turnkey property I am considering buying. There was one item listed in the 'Major Item' section. See language below along with pictures:"Horizontal cracking on East side of basement. ...
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I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
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Bought this property a few months back. Got it at a good price in a B area, Parma OH and put some additional capital to fix it up. Just general updating and making it more homey. (I still ask myself why though, tenant...
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My previous tenants who left in March, 2023 violated lease on multiple occasions. Biggest issue is that they kept 2 dogs without notifying me who seem to be peeing in the house for a long time. Loft and stairs have th...