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Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...
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Hey Big Pocketers!I need some advice on what to do with a problem with my tenant and the septic tank. When this renter moved in last year, I had the septic tank emptied. I usually only do this every 3 years or so. She...
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Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...
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Section 8 sounds like a good way to go for rental properties, since the rent checks come from the government. So how do you set up a unit for Section 8? Do you have to register it or have it inspected? Are there any d...
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Hi BP community - My husband and I received the latest loan estimate for a house that has a purchase price of $261k and total reno of $26k or $287k total. The lender is considering that the total due to the seller is ...
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This post is for the new and newer Investors out there. When we start out as Investors, most of us want to be the great landlord we never had: one that fixes everything quickly, who is super nice, and wants to make li...
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Hello All! I just finished book 7th book of the year. I am a little behind but I have been traveling a lot and picking some pretty long books. I might have to get a few shorter ones in so I can hit my goal of 52 books...
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I recently served a tenant a Notice to Pay or Quit. The tenant hasn't paid for 3.5 months and his lease expired on March 1, 2016. I've heard all of his stories ("I'm sick.", "I promise to be out on the 15th, 18th, 2...
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I need advice on what to do on my current flip
I bought a single-family house (SFH) in the Dallas Fort Worth (DFW) area from New Western Acquisitions in June of 2019, and my experience has been bad and horrible. I’m ...
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Hi fellow landlords! My google searches are getting me nowhere.I have a four plex. The walls are extremely thin thanks to a really bad builder/inspector and my lack of insulation knowledge. That being said, my tenants...