I have a small SFR under contract that's being sold by a flipper.  It's a turn key, good flip with a few minor issues.  We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...

Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...

Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.

To me, mold can easily be ...

I love animals.  Well;  unless they are trying to hurt me - then I don't like them.  But in general;  I have had, and enjoyed having, pets.  But now I do not have pets.  I don't like the smell of them, I don't like cl...

Hello All!I purchased a 18 unit building 2 1/2 years ago in Central Illinois.   Prior to purchasing, I did as much research as possible and did my best as a new investor on the due diligence.   I am struggling to see ...

Anatomy of a Stockton Rehab - Lessons LearnedRehabbing a a topic that I have experience with. Too much experience really. I thought I'd put some photos together to lure readers and then work some Yoda like rehab-wisdo...

OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...

I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...

I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.

We had an offer accepted on a bank-own...

In February of 2022 we purchased a newly renovated 3 unit building in the South Austin neighborhood of Chicago. The price was 500k and we used a DSCR loan for the purchase. 
We listed the top 2 (3x1) units for $1800 ...