Paris Capers
Military investor eyeing Philly
Hello All, I hope this finds you well!
We're taking some of the biggest steps to make our dreams reality, and we're looking at the market in Philadelphia, PA. As active duty Military and a Philly native, I'm familiar...
Alex S.
SF condo, sell or rent for a loss?
Purchased a condo in a nice part of SF in 2017. overpaid, but at that point housing was appreciating quite a bit year over year and we were confident we’d be able to rent at cash flow positive rate if we ever moved. W...
Eric Mayers
Due Diligence Disasters
Greetings BP, In 2010, I purchased a Quad n GA for $98,000 and I put about $20K in it to fix it up. I've been occupying it and renting out the other three units ($700 per unit) over the past 4 years and now, I'm ready...
Aimee Haasteaby
Purchasing commercial property without good P&Ls
Hi all,My husband and I are interested in buying a resort for sale in TX but the owners won't share the financials because they didn't keep good records. The agent says it's not a cash-flowing property but has huge po...
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
Hello all,I'm trying to analyze deals by plugging in the numbers into a spreadsheet, but I'm struggling to figure out what numbers to use for vacancy and maintenance?Specifically, some of the deals I'm considering com...
Marc Yu
Renting Out My Basement
I've got 3 other rental properties (all of them cash flowing positively), but the 4th property I just bought, the one I'm living in, has a 1,300 sf partially finished basement (all framing is up and electrical is alre...
James M.
Security Deposit and Torn Carpet
What can I take out of a security deposit for dog-destroyed carpet that is 10-years old?Tenants moved out after 4 years. On top of the normal security deposit, my tenant paid a $400 damage deposit to have a pet. The d...
Jason Jones
Looking for Advice
Hello,
I am looking for a bit of advice as I prepare to buy my first investment property within the next 6-12 months. I have been looking for properties in Kansas (Wichita and Kansas City) because they seemed to be p...
Bob Malecki
Stuck in hard money, need a solution
I've got a single family home in new condition (near Seattle, wA) that I puchased in May for 60-cents on the dollar and had to use a hard money loan to get it before it went to foreclosure. I've been trying like the d...
Alexandria Dobbins
Am I liable for a pipe burst
we currently live in an apartment and we had a pipe burst with our aquatherm system. The pipe is in our ceiling and we live on the fifth floor. Our apartment is saying we are liable for damages because we don't use he...