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On my rental in the arizona area, I missed renewing the warranty which I was hoping would take care of the AC unit fixes. Now, the tenant has reported that the unit is working but its not cooling the place. I have ask...
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Hi All, I am a small investor from Sacramento, CA and so far I own two townhomes in Las Vegas I rent out, one Class A in Henderson, and one Class B (urban), near the Las Vegas Strip. These are long term holds. I bo...
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Hey Guys,Have an interesting situation, tried searching the fourms and using google to find precidence but came up with nothing. A couple rented a house of ours a couple months ago (16 month lease) and things have be...
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I've been investing and managing properties for two years here in Dallas. Most of my experience is in residential. I do own an 8 unit apartment, which was a huge learning experience for me. I knew nothing when I pu...
Hey guys,My partner and I were having a conversation about which approach is better: either buying a rental property or building a complex with the same amount of capital e.g $500,000.To me, the analysis makes more se...
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I recently had a turnkey provider, that I've worked with before, change a policy. I'm curious what words of wisdom the BP crown can shed.The turnkey provider now insists that buyers use one of 3 lenders that they sug...
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Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
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Misconception No. 1: Smaller Properties Are Easier To Manage
“Smaller properties are easier to manage” is one misconception that I hear from investors all the time. Actually, the opposite is true. Having a profession...
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I am looking at two duplexes. The numbers work for me (2.7% rule), are in a part of a city that I like and are priced right. There is one major issue. The old landlord signed long term (5 year) leases that don't ex...
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Aloha BP'rs,My wife and I have our son and his family in our rental, which he wants to stay in, and we want to do a 1031 exchange into higher performing assets. The home here on O'ahu has a FMV of about $900k~, a $405...