Mark C
10-15+% levered returns possible? With 1-1.5M cash
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
Remone R.
Seller hasn’t signed termination of contract
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
Brandon Turner
What's Your Tenant Horror Story?
Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...
Josh Pass
One rat found in house, what do I do?
I just rented my first rental home 3 days ago. They found a rat in the house and freaked out bad. What do I have to do as a landlord? Like legally? I obviously don't want a rat in there. The tenants are acting its th...
Hanan K.
Reinvesting cash flow or focus on principal pay down?
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
Issac Harris
Best locations for STR/vacation rental
I'm looking to purchase a STR but I'm having a hard time deciding on a location. Is it best to pick the location based on ROI, or is there other important factors that a newbie may overlook? I know some state and loca...
Ryan Proffit
Tenant didn't sign lease
Hello team,I acquired an 8 plex about a month ago. The in place tenants were month to month. We drafted a new lease with a rent increase and instructed the tenants to return the signed leases by Jan 1st. I have one...
Shawn Westbrook
Beginner Handyman tools
So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
Austin Fowler
Property 8, 100% financed
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
9509 Briarcreek Drive, Oklahoma City, OK 73162
Mike Flora
ADVERSE POSSESSION SITUATION
Got a situation, deed shows owners names that have been dead for 14 years and neighbors state property vacant for at least that long. Property is free and clear but obviously taxes have been paid. So I have found no h...