P.J. Bremner
It may be time to lawyer up, anyone else come across this before?
Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
Account Closed
[Calc Review] Help me analyze this deal
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
Henry Clark
Self Storage Day to day Constructing a new facility
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...
Abdul Azeez
Urgent Help Needed - Kindly assist
Hello folks - I purchased my house in Aug 2018 in NJ. It is a single family two story home with a basement. The house was constructed in 2000. It has a sloping backyard elevation coming to the back of the house. The p...
Wade G.
Make sure you have a very large reserve fund for landlording?
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
Drew Denham
How old is too old?!
HI all,
I found a multifamily foreclosure for $12,900 in my hometown in a B/C area. The house was built in the 1900's and i'm a bit leary of potentially buying a house that old. Thoughts?
What should I be looking ...
Eric M.
Any tips for knowing if there is a sewer line issue?
When you are just getting a cursory showing/walk through are there things I should look for to see if there is a problem between the house and the street? Or with the water service from the street for that matter?Hous...
Corbin H.
How to fund massive unexpected repair
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
Alexander Schloe
Should we consider a lawsuit?
Friends, We recently bought a STR in GA and it seems like we walked into a mess not disclosed by the sellers or picked up on the inspection report. For example, after closing we walked in to find: water in the baseme...
Jim Herbst
Do you carry a home warranty on your rental properties?
To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...