Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...
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...
Hello all! I am currently in the starting process of trying to get into the game. I am a newly wed and I have just transition into my profession as a school teacher. I am currently renting, not in position to buy t...
I've got a problem with a group of tenants who haven't been willing to keep their unit even remotely clean during showings for the last four weeks. They've got three cats and two litter boxes, and the entire unit stin...
Particularly in the California and Arizona real estate markets, where bidding wars for investment properties are the norm, real estate investors can’t rely on banks to fund new purchases. Although some real estate inv...
Hello Everyone,I need some advice. I am closing on a duplex in a few weeks and have just learned that the owner would like to occupy their current unit until the end of September (a week and month after closing).I am ...
My In-laws had found a rental last year after over a year of looking and after 7 months on the lease were just sent a notice of early termination on the lease. They are not behind on rent, they pay each month on time ...
Hey all,We bought a house in the spring with a tenant who has been in the house for about 8 years. He is a bit older, has a good job but we've had quite a few headaches since taking over the house.The biggest one is t...
Hi everyone, first real post here. I'll get around to a proper intro in the appropriate forum and adding some profile info sooner or later.I have a 2-family rental in Boston that has appreciated considerably since we ...
Hello, I made a post earlier regarding my current situation, but i figured i didn't include enough information and it wasn't very put together. SO, i come back to you BP to help me sort this out. I will continue to as...