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Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
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We recently purchased a property with two inherited tenants. One of them is a "problem tenant". The previous owner said they were going to terminate the month-to-month lease if they hadn't sold the property to us. ...
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I am working on a deal. 12 units in 2 buildings in northern NH for $380k with $60k coming back to me at closing, net price of $320k. I structured it that way to reduce my cash outlay to less than $25k. The property gr...
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Good morning everyone!I wanted to write a quick post about recent experiences and lessons I have personally gone through regarding doing work yourself in your property vs. hiring it out and the pro’s and con’s that co...
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A tenant asked me if she could paint the kitchen/bedroom in her unit. She's a good tenant who takes care of the property. Nothing in lease about this, what are pros & cons?For those of you who have allowed tenan...
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Hey - I am in need of some advice.. Thank you in advance
So I have a SFH that has been having frequent plugs in the kitchen in the last 1-2 years.. Finally, one plumber told me pipes might have cracked/broken under t...
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I'm trying to buy my first duplex. I have one under contract, and I'm trying to determine the initial repair costs.I need to decide between keeping the slate roof and repairing year to year, or just replacing. I'm loo...
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Advice needed : I have an older duplex in Minnesota that has had all the radiators removed. The old boilers are shot as well. I’m putting in a heating system from scratch.Electric heat is the least expensive to instal...
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Hello! I'm just getting started in looking for properties in the Baltimore/Fort Meade, MD area, and have been running into some mental blocks - I'm hoping you can help me! As I said, I'm just getting started looking a...
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So, I help my dad who lives out of the country manage a duplex that he recently bought. This is our first round of tenants, we have one side rented, that *knock on wood* seem great. We screened a lot of tenants and wa...